Mayor Chuck Munsell asked to remove an item from the consent agenda regarding a lease for a city-owned property at 3004 Rotary Terrace. After Economic Development Director Blake Benson clarified that the agenda item had to do with the business at the property changing hands, and that the terms of the lease hadn’t changed, the commission unanimously approved it. The commission approved a partial release of a mortgage document and waiver of right of repurchase for Lot Number 10 in Silverback Landing, located at 1829 Silverback Way, as Arvest Bank, the primary lender for the project, took first position on the loan, with the City securing a second position on the P & L property until the loan is repaid in December 2023.
Five things to know from this week’s Pittsburg City Commission meeting