Agenda Text
title
That the Director of SPCD provide the information requested herein regarding the purchase of real estate by the Redevelopment Authority.
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Official Text
That the Executive Director of the Office of Strategic Planning and Community Development:
a. first provide in writing, a summary of the reasons for the purchase by the Somerville Redevelopment Authority, of the property located at 258 Somerville Avenue, the price for such purchase, the method of funding such purchase and a copy of the relevant urban renewal plan or other document or provision of law that authorizes such purchase of real estate by the Redevelopment Authority,
b. also provide, in writing, any additional contemplated purchases by the Redevelopment Authority of real estate and provide the same details as in subpart a above, and that
c. the Director then appear before the Committee on Housing and Community Development to discuss the above-referenced items and provide this Board with such written materials at least three days before the committee meeting so that members have a reasonable opportunity to review the written materials prior to the meeting.