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Commission orders updated appraisals for Progress Point as developers show interest; housing and sewer funding discussed
Summary
Facing developer interest in Progress Point and possible grant matches, the commission voted to commission new commercial appraisals (estimated $8,000–$9,000 each) and heard a lengthy housing proposal from Commissioner Graves that outlined a $2–2.5 million sewer-extension estimate and proposals for creating tax-increment districts to spur 200 housing units.
The Greene County Redevelopment Commission authorized updated independent appraisals for Progress Point parcels after commissioners heard that previous appraisals are two to three years old and that current and prospective grants may require recent valuations.
Commissioner Shane moved to update appraisals; Commissioner Scott seconded the motion, which carried by voice vote. Staff estimated a new commercial appraisal cost in the neighborhood of $8,000–$9,000 per property and said it could first consult the prior appraiser informally to determine whether full new appraisals are necessary before committing…
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