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EDA approves amendment to sale of Broadway Avenue West parcel with GLG Forest Lake Properties
Summary
The Economic Development Authority approved a first amendment to a purchase and pre‑development agreement with GLG Forest Lake Properties LLC to finalize the sale of the Broadway Avenue West parcel after staff identified and traced an undocumented telephone line on the site. The motion passed by voice vote.
The Economic Development Authority on Tuesday voted to enter a first amendment to the real property purchase and pre‑development agreement with GLG Forest Lake Properties LLC for the Broadway Avenue West site.
Abby, EDA staff, told the board the prospective purchaser discovered a previously undocumented telephone line crossing the parcel and that staff had no…
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