Council Agrees in Principle to Acquire Canal Trail Corridor from Developer; Orders Appraisal, Delays Final Price Decision
Hyde Park council voted to acquire a 20-foot canal-trail corridor offered as part of the Berry Hollow Ridge bonus-density proposal and directed staff to obtain an appraisal; members debated who should pay for the appraisal and whether the appraisal would be binding, then tabled the final purchase/price decision until January.
The full story
Hyde Park City Council agreed in principle to acquire a canal-trail corridor offered by developer Reid Elder as part of the Berry Hollow Ridge subdivision27s bonus-density proposal, but the council deferred final pricing and asked for an appraisal to establish trade value.
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