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The Finance Committee voted 2-0 to recommend that the full Council take no action on declaring 13-17 West Lynde Street surplus for possible sale, citing concerns about losing municipal parking and long-term control of downtown property. The committee also reviewed a revised salt shed repayment estimate showing the City remains approximately $155,000 short of full reimbursement, including interest.
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The proposed sale of the West Lynde Street property will not advance based on the committee’s recommendation, although the full Council would make the final decision. The salt shed repayment issue remains unresolved, with the amount still subject to change as interest accrues and final close-out figures are prepared. The committee also supported proposed Council rule changes intended to give members and staff more time to review agenda items.
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