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Hagerstown council approves ordinance to acquire 149 North Potomac Street for $2.5 million
Summary
The Hagerstown Mayor and Council voted in a special session on Sept. 23 to authorize purchase of 149 North Potomac Street for $2,500,000 from 149 North Potomac LLC, with the money coming from general fund reserves.
The Hagerstown Mayor and Council voted in a special session on Sept. 23 to approve an ordinance authorizing the purchase and sale of the property at 149 North Potomac Street for $2,500,000, to be paid from general fund reserves.
The ordinance motion was made and seconded during the special session and carried by voice vote. A council member who spoke at length said the city’s goal is to acquire the long-vacant former YMCA so a private or other public partner can redevelop it rather than to have the city act as the developer or long-term owner. “The intention of the city is not to purchase this property to…
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