Cincinnati City Council is considering the sale of City-owned property to accommodate an access drive for a new senior complex in Oakley.
Episcopal Retirement Homes, which operates the adjacent Deupree House, has petitioned the City to purchase 0.2 acres at for $30,000, its appraised fair market value.
The land would provide and entrance for the $7 million Deupree Cottages project, two single-story, 12-bed buildings that council approved in November 2007.
The complex was approved by council in November 2007 and is scheduled to open in spring 2009.
Under the sale agreement, the City would retain easements to maintain a bridge wall and stormwater outfall on the property.
Previous reading on BC:
Episcopal seeks state OK to move beds to Oakley (12/28/07)
Council approves Deupree rezoing (12/4/07)
EDC to hold hearing on Deupree rezoning (11/16/07)
PC approves Deupree rezoning (9/24/07)
Oakley warehouse to be demolished? (9/21/07)
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