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Council introduces ordinance to authorize purchase of 149 North Potomac Street for $2.5 million
Summary
At a Sept. 16 special session the mayor and city council voted to introduce an ordinance authorizing the purchase of 149 North Potomac Street from 149 North Potomac LLC for $2,500,000, to be paid from general fund reserves.
The Mayor and City Council of Hagerstown introduced an ordinance Sept. 16 authorizing the purchase and sale of the property at 149 North Potomac Street from 149 North Potomac LLC for a purchase price of $2,500,000 to be paid from general fund reserves. A council member moved to introduce the ordinance, a second was made, and the motion passed at the special session.
Why it matters: The purchase would commit $2.5 million of city general fund reserves to acquire a…
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