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Redevelopment commission approves 5-year land contract and tenant arrangement for downtown storefront
Summary
The commission approved a 5-year land contract for a downtown tenant, with the petitioner covering roof repairs and the city retaining title control; commissioners noted a recently burst water line and the tenant's plan to remodel and run new interior plumbing.
The Goshen redevelopment commission voted unanimously to approve a five-year land contract and related tenant proposal discussed at the meeting. Speaker 5 moved the motion and Speaker 1 seconded; the motion passed 4–0.
Speaker 1 opened the discussion saying the city will own the property for five years, which yields no property tax revenue during that span and was described in the discussion as "a wash." Speaker 2…
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