Decatur to Sign Contract with Cousins on Callaway Property on Monday
Decatur Metro | August 2, 2013Decatur’s Linda Harris sent around this note last night, which is also on the city’s website…
The Urban Redevelopment Agency will meet at 8:30 p.m. or immediately following the City Commission meeting on Monday, August 5, 2013 in the City Commission Meeting Room to authorize the execution of a contract with Cousins Properties for the sale and redevelopment of the Callaway Building property.
Asst. City Manager Lyn Menne provided this additional detail to DM…
This action is the culmination of a two year process that began when we invited developers to submit proposals. We selected Cousins and then embarked on a two-year journey to get to a final contract with DeKalb County to purchase the property. The County will be leasing back the property for up to 2 years to give them time to relocate the remaining services located in the building.
Menne says that the city hopes to close on the sale of the property in the next month or so.