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Magna CRA board designates survey area to enable potential property purchase and project-area process
Summary
The Magna Community Reinvestment Agency adopted Resolution R2025-05 to designate a survey area for a potential CRA project tied to a contemplated purchase on Bridal Street, authorizing staff to begin plan and budget preparation and set a public-hearing timeline.
The Magna Community Reinvestment Agency board voted to adopt Resolution R2025-05, authorizing agency staff to identify and survey a project area to support a potential city purchase on Bridal Street and to begin preparation of a draft CRA plan and budget.
The board’s action, made during a regularly scheduled meeting, moves the first formal step of a multi-part process that includes finalizing boundaries, preparing a CRA plan and budget, setting a public hearing and mailing and posting required notices at least 30 days before that hearing. An agency staff presenter told the board, “The city is…
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