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RDC authorizes appraisals, opens preliminary talks with Harbor Point for Westport site
Summary
The Burns Harbor Redevelopment Commission authorized two appraisals for the 28-acre Westport site and discussed a nonbinding memorandum of understanding with Harbor Point as the town begins preliminary development conversations.
The Burns Harbor Redevelopment Commission on a recorded vote authorized town counsel to seek two appraisals for the 28-acre Westport property and discussed a nonbinding memorandum of understanding with Harbor Point that would allow preliminary negotiations about possible residential and commercial development.
Staff described the appraisal request as a step to “understand the value of the current site as it is.” The presenter said the commission assembled and purchased the 28-acre parcel from the Doolin School Corporation and that the appraisal work would…
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