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Council approves redevelopment and billboard purchase agreements with GPK Investments
Summary
Washington City council unanimously approved two resolutions with GPK Investments: a public infrastructure and redevelopment agreement and a real property and billboard asset purchase agreement, both approved 5–0 during the May 13 council meeting.
The council considered two related resolutions with GPK Investments, Inc. The first was a public infrastructure and redevelopment agreement; the second was a real property and billboard asset purchase agreement. Council members discussed the items as presented and moved both resolutions for approval.
Motions were made and seconded for each resolution and both passed unanimously by roll call (5–0). The mayor directed staff and the parties to proceed with the implementation steps specified in the agreements.
The transcript records no public comments on these items during the meeting. Council members expressed support and noted prior briefing materials were included in the council packet.
Next steps: staff will finalize and record the agreements and follow any implementation timelines in the documents.
