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Hammond redevelopment commission approves multiple property purchases, demolitions and conveyance; refers Moynihan proposal to staff
Summary
At its Sept. 2 meeting the Hammond Redevelopment Commission approved a package of purchase agreements for vacant properties, ratified demolition bid awards, authorized conveyance acceptance, approved several purchase agreements for vacant houses, and accepted a private proposal for 5266 Homan Ave for staff review; all motions passed by roll call.
The Hammond Redevelopment Commission on Sept. 2 approved a series of purchase agreements, resolutions and referrals intended to advance redevelopment in Hammond, voting unanimously on each item.
Staff updated commissioners that the next residential RFP will publish in September into early October and that the commission will receive more than $53,000 from five new parcel sales that staff said will be reinvested in city redevelopment efforts.
The commission accepted a single proposal from Moynihan Capital for the property commonly known as 5266 Homan Avenue and referred the proposal to staff for further review. Staff summarized Moynihan's submission as proposing a project “close to $4,000,000,” with Moynihan planning to invest roughly…
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