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Council to consider $10 land purchase from school district for redevelopment (Ordinance 025-26)
Summary
Ordinance No. 025-26, introduced by Council member Cherry, would authorize purchase of Alliance City lots 4602–4607 (0.79 acres) from the Alliance City School District for the sum of $10, contingent on due diligence and re-conveyance to Greater Alliance Development Corporation (GADC) for reutilization.
Council member Cherry introduced Ordinance No. 025-26 proposing that the Mayor purchase Alliance City lots 4602–4607 (part of outlot 25, totaling 0.79 acres) from the Alliance City School District for the sum of $10, contingent on the Law Director's satisfactory due diligence and the completion of transfer to re-convey the property to the Greater Alliance Development Corporation (GADC) for reutilization.
The agenda text records the proposal and conditions: "for the sum of $10 upon completion of due diligence by the City Law Director, and the City Law Director’s satisfaction of the results of said due diligence, and upon completion of transfer to the City to re-convey the property to the Greater Alliance Development Corporation (GADC) for reutilization." The agenda does not include the planned reuse, timeline, or any appraisal; those details would be in staff reports or related attachments.
