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Subject: (Direct Referral) Request of the Executive Director to sell at no or minimal cost the remnant parcel at 1918 DeKoven Avenue for combination with adjacent, privately owned property.
Recommendation of the Redevelopment Authority on 9-3-10: That the Common Council approve the sale of 1918 DeKoven Avenue for one dollar for the purpose of combining it with the privately owned property at 1908 DeKoven Avenue.
Fiscal Note: After the sale, the vacant property will no longer be tax-exempt, resulting in an estimate new tax payment of $144.00.