City of Salina and School District Forge Agreement for Property Sale and Redevelopment

City of Salina and School District Forge Agreement for Property Sale and Redevelopment

The agreement between the City of Salina and Unified School District No. 305 shows collaborative efforts to potentially sell and redevelop property north of Mulberry Street. This initiative was prompted by the City's Reversionary Interest in a portion of the property, formerly known as South Park, and was facilitated by Charter Ordinance No. 43.

The agreement outlines the terms for the sale and redevelopment, with a focus on market-rate, multi-family housing that complements the downtown area. It also addresses the distribution of sale proceeds between the District and the City. The collaborative effort addresses needed space, while maximizing the property's potential for future development.

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