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Council selects Macedonia CDC as preferred buyer for city property at 695 E. University Blvd.
Summary
The Melbourne City Council chose Macedonia Community Development Corporation as the primary buyer for surplus city property at 695 E. University Boulevard and named the Concerned Citizens Committee as the alternate. Staff reported five letters of intent, two recent appraisals and directed staff to begin negotiations with the selected buyer.
The Melbourne City Council on April 14 selected the Macedonia Community Development Corporation of South Brevard as the preferred purchaser of surplus city property at 695 East University Boulevard and named the Concerned Citizens Committee of South Brevard Inc. as the alternate.
Rebecca T. Bear, assistant to the city manager, told council staff received five letters of intent after posting the property and summarized the proposals and appraisals: “We received five proposals … offers ranged from $225,000 to $350,000. We had appraisals —…
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