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Council gives first reading to sell 39.54 acres on Mahaffey Road to Scout Realty Group LLC for $300,000
Summary
During first reading the mayor read an ordinance to sell about 39.54 acres (TMS 248-00-08-008) along East 1st Street and Mahaffey Road to Scout Realty Group LLC for $300,000; council moved and seconded the measure and scheduled a second and final reading next month to approve specific sale terms prior to closing.
The Town Council completed the first reading of an ordinance authorizing the sale of approximately 39.54 acres located along East 1st Street and Mahaffey Road (TMS 248-00-08-008) to Scout Realty Group LLC for $300,000.
Mayor (reading ordinance): The mayor read the ordinance in full, noting the town no longer had a public use for the property and that council had determined sale to Scout Realty Group LLC for $300,000 "would be in the best interest of the citizens of the town." The ordinance text as read requires council approval of specific terms before closing.
Councilman Alexander moved to approve the ordinance on first reading; Councilman Hagood seconded. The mayor described the parcel's background, including a prior development agreement under a former administration that envisioned about 90 homes and had created complications because the town did not receive a monetary binder to enforce design standards. The mayor said the proposed sale and new contractual terms are intended to ensure the developer complies with green-space and plan commitments voiced by neighbors.
What happens next: The mayor said the sale requires two readings; the council completed first reading and will return for a second and final reading at the next meeting, where it will have to approve the specific terms before any closing occurs. No roll-call tally is recorded in the transcript during first reading; the mayor indicated the matter would return for a final vote.
