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Commission refers multiple property proposals to staff, including a $5.56 million Mercantile offer
Summary
The commission read and referred multiple RFP responses for City/HRC properties to staff for further review, including offers for 475 Fayette, the Mercantile building and other parcels; 219 Development proposed $5,562,500 for the Mercantile building by forgivable mortgage. Referral approved 5-0.
The Redevelopment Commission on Jan. 20 read multiple proposals submitted in response to requests for proposals on HRC-owned properties and voted to refer them to staff for further review.
Attorney Westland/Westlund recited the proposals: for 475 Fayette, Tootsie's Chicken and Fish LLC (authorized representative…
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