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Public commenter urges council to defer P&H Properties park lease; committee approves 50-year leases with amendments
Summary
A resident urged deferral of Bill 20 25 10 11, citing land-value concerns and a 30-year no-rent term for P&H Properties; the council approved the two long-term leases with an amendment adding insurance adjustments and a public-access provision for the park.
A member of the public urged the Budget & Finance Committee to defer consideration of Bill 20 25 10 11, a proposed lease with P&H Properties LLC that would use Metro-owned property at 120 Third Avenue North and 211 Commerce Street and create a privately operated event area adjacent to public parkland.
Steve Ritter, who signed up to speak, said Colliers International’s appraisal scope evaluated improvements to a fire station rather than land value and argued…
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