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Lynwood board approves first reading to sell 11-acre Torrence Avenue parcel
Summary
Trustees approved first reading of Resolution #25-11 to authorize sale steps for 19501 S. Torrence Ave., an 11-acre village-owned parcel the mayor said would be returned to the tax rolls; the resolution passed on a unanimous roll-call vote.
Mayor Curry said the village will pursue a sale of the 11-acre property at 19501 S. Torrence Ave., explaining that "selling this property will put this property back on the tax roll." Trustee Marshall moved and Trustee Eaves seconded first reading of Resolution #25-11, authorizing the Village President to execute an Authorization to Sell Agreement with Coldwell Banker Commercial Realty. The motion passed on a roll-call vote with Ayes: Eaves, Dunlap, Blakey, Hurt and Marshall.
The resolution was taken as a first reading with no final action at the meeting. Mayor Curry described the parcel as the 11 acres at Glen-Lansing Road and Torrence; trustees indicated the sale would return the property to the tax rolls. The board provided no timetable for listing or sale and no buyer was named at the meeting.
