HomeMy WebLinkAboutPOWERPOINT - 75A - 2129 N Main St
AUTHORIZE NEGOTIATION
FOR THE SALE OF CITY-
OWNED REAL PROPERTY
2129 North Main Street
75A
PROPERTY DESCRIPTION
PROPERTY DESCRIPTION
Parcel Size:37,700 (2 parcels)
Zoning:C-1 (
Community Commercial)
Assessed Value:$2,075,000
Current Use:Parking Lot
Proposed Use:New Hotel Development
RECOMMENDATION
Next Steps
Upon approval of Exclusive Negotiation Agreement
(ENA) with Net Development, Staff will present a
Development and Disposition Agreement (DDA) for
Council Approval
Enter into a Purchase and Sale Agreement with
Net Development for the purpose of developing a
Hotel