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Council authorizes $100,000 to advance SRMG parcel purchase for Peoria Wrap Road
Summary
The Town Council authorized $100,000 from the current fiscal year and granted the Town Manager authority to finalize the Salt River Material Group property purchase tied to the Peoria Wrap Road project; the motion passed 7–0.
The Youngtown Council voted May 21 to authorize $100,000 to move forward with purchase of a parcel from Salt River Material Group as part of the Peoria Wrap Road project and granted the Town Manager authority to finalize the transaction.
Town Manager Brian Stutsman told the Council the project is close to moving forward but the sale agreement is not yet fully executed; staff is awaiting documentation from SRMG’s legal team and a response to terms from the other party. The Council vote authorizes the fiscal funds and delegations needed to complete the acquisition subject to contract finalization.
The motion passed on a roll call vote recorded as seven ayes and no noes. Council directed staff to proceed with follow‑up documentation and to report back when the contract is executed.
Why it matters: the parcel acquisition is tied to a significant local transportation project (Peoria Wrap Road) and staff identified the purchase as necessary to keep the project on schedule.
