The Knoxville City Council approved the purchase of the former East Elementary School site for housing development at its meeting Monday. Interim City Manager Heather Ussery explains the details of this agreement.
“At the beginning of April, the city received an offer to purchase the former East Elementary property from Knoxville Economic Development Commission. We held the public hearing and approved the proposal to purchase the property. KEDC offered $2,500 per lot. They’re requesting to do 10 single-family homes on that property, so that was a total of $25,000. Then an additional $25,000 for a total of $50,000 that will be retained to have a park on the south side of the property. The purchase of the property was approved, as well as the development agreement.”
The Knoxville City Council will meet in regular session Monday. Mayor Hatch will read a proclamation about National Library Week. They’ll consider disposal of interest in real property, as well as an agreement with the Knoxville Economic Development Commission. They will discuss the 2021 Goal Setting Report and consider a concept for the VA campus redevelopment project.
The Knoxville City Council meeting begins Monday at 6:15 p.m. and will air live on 95.3 KNIA.