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Assembly tentatively approves disposing Island Lake lots with owner‑occupancy and build covenants discussed
Summary
The assembly agreed to begin a disposal resolution for four Island Lake lots (proposed R2 subdivision) and debated sealed‑bid methods, five‑year build covenants, owner‑occupancy requirements, lotteries, and potential tax abatements to prioritize housing for residents while staff checks utility and drainage constraints.
Community Development Director Chris briefed the assembly on proposed disposal of Island Lake parcels subdivided into four R2 lots and asked whether the assembly wishes to move forward with a resolution setting sale method and terms.
Assembly members voiced strong support for prioritizing local, owner‑occupied housing. Suggestions included starting with sealed bids at…
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