2.c.
TCEDC Agenda
- Meeting Date:
- 02/06/2019
- Title:
- Submitted By:
- Rhomari Jackson-Glover, City Secretary
- Department:
- City Secretary
ACTION REQUEST (Brief Summary)
Consider and take action on Resolution No. 19-07, approving expenditures to purchase the vacant lot near the Showboat Pavilion.
BACKGROUND
It is proposed that the TCEDC approves expenditures to acquire the property located at 413 5th Street N which is currently a Property in Trust (PIT) meaning it is jointly owned by the taxing entities. It is recommended that the TCEDC bid $6,537.34 for said property which is the amount it was struck off for in 2004. Assuming approval, the TCEDC and the City will own the entire block around the Showboat Pavilion which would allow for expanded and improved park area to host 6th Street events and to beautify the district.