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KATZ PROPERTY UPDATE ON 3/1 AGENDA---SIGNIFICANT CHANGE IN TERMS JUST A WEEK LATER--NOW ONE THIRD 3 BEDROOM APARTMENTS AT AFFORDABLE/LOW INCOME HOUSING PROPOSED FOR SITE, ASSORTED DEPT. PURCHASES, ETC.
You can find the agenda for the 3/1 Board of Trustees meeting by clicking here.
Note: In the 2/18-2/24 edition of the Gazette--the affordable/low income housing projects (two buildings) being proposed for the Katz property sale to Regan Development (with significant tax breaks for decades), the apartment size allocations were broken out as follows:
11 one bedroom units, 22 two bedroom units
NOW just a week later, the agenda indicates---and no explanation has been given---a significant change has been made to the terms---there will be ONE-THIRD Three bedroom apartments: the break out is as follows:
11 one bedroom units, 11 two bedroom units and 11 Three bedroom units.
It is unknown at the present time if any other changes have been made or are forthcoming.
The rest of the agenda includes unpaid taxes, assorted department purchases, etc. etc. etc.
As always, the meetings continue to be held only by Zoom.
Again, you can find the agenda for the 3/1 Board of Trustees meeting by clicking here.