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Officials outline proposed $1.5 million sale of Dock Street parcel to Delcora to fund new Public Works building
Summary
City officials described a proposed agreement to sell the Dock Street parcel to Delcora for $1,375,000 plus reimbursements that bring the total to about $1,506,130.95; proceeds would help fund a new Public Works building due in November, with a leaseback planned until relocation.
City officials told council on March 23 that Resolution 35 would authorize the sale of a City-owned parcel at 2nd and Dock Street to Delcora and that the sale proceeds are intended to support construction of a new Public Works building.
The Solicitor read the resolution’s summary into the record. A responding official explained…
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