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Dayton EDA agrees to explore acquiring house from 3 Rivers Park District amid steep moving costs
Summary
The EDA voted to explore purchasing a house 3 Rivers Park District offered to sell for $100,000, while members warned moving and prepping the structure could cost roughly $500,000–$550,000 and discussed negotiating a lower purchase price or leaving it to auction.
The Dayton City Economic Development Authority voted July 15 to pursue negotiations and further analysis on a house 3 Rivers Park District offered to the city for $100,000 if the structure is moved from the park district’s site by Oct. 1.
Staff member (S1) said the house has an appraisal value cited in the packet at $400,000 and that the park district’s offer includes a strict deadline: move the building by…
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