The City Council is authorizing the sale of 15 feet of the property at 611 West Main Street to Bhavani Investment, Inc. for $20,000 to help reduce the City's investment in the property. The sale is part of a plan to maintain the site as greenspace until a future use opportunity arises. The existing structures on the site will be demolished this year.
Details
Subject
Sale of City-owned real estate
Summary
The City Council is authorizing the sale of 15 feet of the property at 611 West Main Street to Bhavani Investment, Inc. for $20,000 to help reduce the City's investment in the property. The sale is part of a plan to maintain the site as greenspace until a future use opportunity arises. The existing structures on the site will be demolished this year.