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Council says EDC property offered to city must come to council before transfer
Summary
After discussing EDC-owned parcels (cited at 11th & Cedar and Hackberry & 2nd) and noting they are off the tax rolls, the council moved that any EDC offer to sell property to the city be brought to council for a decision; the motion passed unanimously.
Council members discussed several EDC-owned parcels the Economic Development Corporation voted to offer the city for $1, including properties at 11th & Cedar and Hackberry & 2nd. Members pointed out those parcels are not on the tax rolls and observed that if the city accepted ownership it would likely increase maintenance responsibilities and budget obligations.
One council member suggested the EDC should offer properties for sale to return them to the tax rolls rather than transfer them to the city. The council adopted a motion directing that any sale of EDC property to the city be submitted to council for decision (by resolution) before the transaction proceeds.
