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Council requests Jackson Redevelopment Authority to appear as members propose auctioning unused JRA properties
Summary
Council members asked the Jackson Redevelopment Authority to attend the next meeting to explain a $1.4 million line (bond payments and appropriation) and floated an idea to auction underused JRA properties to return them to the tax roll; CAO Taberson recommended a dedicated JRA meeting to clarify partnership and debt obligations.
Council members at the finance committee asked the Jackson Redevelopment Authority to come before the committee after reviewing a $1.4 million line tied to JRA in the draft budget. Finance staff said that amount includes both an appropriation to JRA and JRA-related bond payments; council members asked for a bond schedule and more detail on the debt…
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