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The committee unanimously authorized a purchase agreement for three city-owned vacant parcels at $1, contingent on consolidating them into two parcels and building two single-family homes. Estimated construction costs are more than $700,000 per home.
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The approval allows the applicant to acquire three vacant parcels on Milverton Road and develop two homes, one for the applicant and one for a family member. The applicant will pay surveying and parcel-consolidation costs, while the project is intended to reduce city maintenance costs and add housing and tax-base value. Staff also provided an early update on a future housing study.
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