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Council approves transfer of specified parcels to Greendale Redevelopment Commission
Summary
The council passed Resolution 2025-12 authorizing transfer of parcels listed in Exhibit 2 to the Greendale Redevelopment Commission for potential housing development; staff clarified the transfer does not include Valleywoods Lake and said redevelopment revenues would return to the council after expenses.
Council considered Resolution 2025-12 authorizing transfer of certain parcels (identified in exhibit two) to the Greendale Redevelopment Commission for redevelopment, including potential housing. A staff member clarified the resolution does not transfer Valleywoods Lake; it covers only the parcels listed in exhibit two.
Council members discussed the possibility of redevelopment subsidizing lot sales to encourage construction of housing with consistent quality and timelines. Staff said redevelopment could control lot size and design standards and that any excess redevelopment funds beyond expenses would return to the council.
Council moved and seconded the resolution and approved it by voice vote with the correction noted in the record.
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