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Speedway Redevelopment Commission approves survey, brokerage authority, appraisals and reimbursements
Summary
At its Sept. 22 meeting the Town of Speedway Redevelopment Commission approved a boundary survey contract, authorized broker services, accepted two appraisal engagement letters for the Sixteenth and Mickley properties, approved claims totaling $108,986.64 and authorized a $641 reimbursement to the parks department.
The Town of Speedway Redevelopment Commission on Sept. 22 approved a set of routine steps aimed at preparing two redevelopment parcels for sale or development, authorized staff to hire a broker, accepted updated appraisals and approved routine expenditures, including claims totaling $108,986.64.
Those actions matter because the survey, appraisals and broker authority are necessary preparatory steps before the commission can issue a request for proposals (RFP) or market property in Speedway. Commission members said the items are intended to put the commission in a position to proceed quickly when development interest arises.
The commission voted unanimously on the principal items. Jacob Blasel, who opened and presided over the meeting while filling in for the regular clerk, called the meeting to order at 6:00 p.m. and recorded that…
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