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Stony Run land purchase update: city near closing as donor match nearly met
Summary
Commissioners received an update on the previously approved Stony Run land purchase: private donors have pledged most of $75,000 match, the city will match, and pending title work could allow closing next Monday; one $5,000 donor payment is delayed due to institutional freezes.
City commissioners heard an update May 21 on the previously approved Stony Run land purchase from the Dirksen family and were told the transaction could proceed as soon as outstanding title work is complete.
Commissioner Bragg summarized the financing arrangement that the commission previously authorized: private donors would contribute $75,000 and the city would provide a $75,000…
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