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Council approves sale of up to 13 city lots to VMG Construction LLC for housing development
Summary
Council approved the sale and purchase-and-development agreement for up to 13 residential city-owned lots to VMG Construction LLC, authorizing the city manager and city attorney to finalize documents and make minor modifications.
Jackson City Council voted unanimously on Oct. 14 to authorize the sale of up to 13 residential city-owned lots to VMG Construction LLC and to approve a purchase-and-development agreement.
The approval authorizes the city manager and city attorney to make minor modifications to the agreement and to execute necessary documents to complete the transaction. The action was presented by the mayor as new business, moved and supported, and the clerk recorded a unanimous vote.
Council members noted the lot sales were part of ongoing efforts to increase housing stock; no sale prices were discussed in the verbal record posted to the meeting transcript.
What happens next: The city manager and city attorney will finalize the purchase and development agreement with VMG Construction LLC and complete sale documentation per the council authorization.
