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Council questions steep discounts on city land sales as private-build projects move forward
Summary
Council members pressed administration officials about low listed sale prices for several city-owned lots proposed for private three-family construction, with concern that assessed values and market comparables do not align with the proposed awards.
Council members questioned the administration on May 20 over multiple proposed private sales of city-owned lots listed at relatively low prices, saying the sales appear inconsistent with local market values and recent changes in per‑square‑foot pricing.
The issue matters because the city is selling limited public land intended to spur housing development; council members said they want assurances the city is receiving fair market consideration before transferring lots to private developers.
During the pre‑meeting, council members raised the price justification for three city lots scheduled for private sale (7R3A–C). Councilman Gonzales said the packet showed an assessed value near $20,000 for a parcel and asked how that price was justified against comparable sales. “I oppose the sale,” he said, adding that a three‑family home in the area…
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