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Resident questions city purchase plan as appraisal set at $262,000
Summary
During public comment, residents pressed council members about whether the city or the Economic Development Corporation would buy a parcel appraised at $262,000; officials said discussions depend on appraisal acceptance and details are withheld while negotiations proceed.
Don Anderson, a resident at 102 Falls Creek Lane, asked city officials whether the municipality or the Economic Development Corporation (EDC) would pursue purchase of a parcel and whether a city discount would be sought. "Appraised value is 262,000," an unidentified official responding to Anderson said.
Anderson asked whether the city would partner with the EDC or buy the property outright. An unidentified official (Speaker 5) said…
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