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Council approves sale of small Lafayette Street parcel to nearby owner with deed restriction for future housing
Summary
After a public hearing and appraisal, council authorized sale of an 8,200‑sq‑ft Lafayette Street parcel to a nearby property owner for $69,788 (appraised $68,888 plus $900 title cost); staff will record a deed restriction requiring design review and a 15% affordable set‑aside if a future development exceeds nine units (staff reported the applicant may limit potential units to seven).
Staff presented the surplus‑land process required under the Surplus Land Act and an appraisal of $68,888 for the 0 Lafayette Street site (about 8,200 sq ft). The applicant, Kathleen (Kaye) Cox, already owns adjacent lots and submitted a letter of interest during the…
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