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City of Valentine Economic Development Board moves on property listings; discusses price increase and housing subsidy with state
Summary
At its Jan. 27 meeting the City of Valentine Economic Development Board approved a listing for the Ray Street house, discussed raising the asking price for a city-owned house with the State of Nebraska and considered an affordable-housing subsidy; one listing motion’s outcome is not recorded in the minutes.
At a Jan. 27 meeting at the Valentine Public Library, the City of Valentine Economic Development Board moved to approve professional listings for city-owned houses and discussed a State of Nebraska conversation about raising a listing price and offering an affordable-housing subsidy.
Board President Nadeane Allard opened the meeting. The board’s current Economic Development Fund balance was reported at $759,882.09, providing the fiscal context for potential housing and subsidy actions.
During discussion, board members reviewed a recent conversation with the State of Nebraska about increasing the listing price for the house at 117 N. Edna Street and for a house being built on Ray Street, and about offering an affordable housing subsidy tied to those properties. The minutes record the discussion but do not attribute the State conversation to a single speaker.
On motions, Whitney Mayhew moved to approve the Jan. 2, 2025 special meeting minutes; Deanne Holmes seconded, and the minutes state the motion carried unanimously. Later, Deanne Holmes moved to approve B Squared Fine Homes as the listing agent for the Ray Street house; Tyler Brown seconded and the minutes record the motion carried unanimously.
The board also recorded a motion by Deanne Holmes, seconded by Whitney Mayhew, to award Lashley Land and Stracke Realty the listings for 117 N. Edna Street and 217 N. Ray Street, respectively, at a 4% commission rate. The minutes record the motion and the second; they do not state whether that motion passed.
The board did not specify additional terms, sale prices, or a timetable for listing in the published minutes. The next meeting was set for Monday, Feb. 24, 2025.
