7.c.
TCEDC Agenda
- Meeting Date:
- 04/06/2023
- Title:
- Approval of Resolution No. 2023-08authorizing subdivision of property identified by GCAD ID 224789
- Submitted For:
- Jon Branson
- Submitted By:
- Jon Branson, Management Services
- Department:
- Management Services
ACTION REQUEST (Brief Summary)
Approval of Resolution No. 2023-08 authorizing the subdivision of approximately 0.73 acres of property identified by GCAD ID 224789.
BACKGROUND
The property was acquired by the TCEDC by a Special Warranty Deed in April 2021. The former building located on the site was remediated and demolished by the TCEDC after acquisition. It has been sitting vacant since that time. The property is surrounded by residential on all sides and is catty-corner from a City park. It is the opinion of staff that subdividing the property and establishing residential homes on the new lots will add value to the tax roles and help to improve home values in the area.
ANALYSIS
Staff recommends approval of the subdivision of the property.