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The board voted 7-0 not to sell Cottonwood Property for single-family or multifamily residential uses. It also voted 7-0 to stop negotiations with Midway and approve request-for-proposal language for planning the property.
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The decision directs future Cottonwood planning away from residential development and ends current negotiations with Midway. The board approved a process to seek proposals for planning and developing the property. It also directed staff to calculate a pending Project NQ2 incentive using sales tax from businesses within the project, rather than the entire property.
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