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County approves sale of Albina Library Annex to residential buyer for $535,000
Summary
Multnomah County approved sale of the Albina Annex property (236 NE Knott St), purchased in 2022 with library capital bond funds, to a residential purchaser for an agreed price reported as $535,000; staff said bond rules require sales before FY2027 be at market value.
The Multnomah County Board voted to adopt a resolution authorizing the sale of the Albina Library Annex at 236 Northeast Knott Street to a residential purchaser, staff said during the board’s virtual meeting.
Katie Scheifele, the library’s finance and facilities director, told the board the county purchased the property in 2022 for $575,000 using library capital bond funds. The single‑family structure is…
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