Ouray city councilors have agreed to appraise this rectangular piece of land at the corner of Hinkson Terrace and Silver Shield Trail to find out how much it would cost to buy for affordable housing. Mike Wiggins â Ouray County Plaindealer
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City mulls land buy for housing
The Ouray City Council is split on whether to pursue purchasing a tract of land for affordable housing, but agreed to initiate the appraisal process to find out how much it would cost.
Under a 2008 development agreement, the city has the option to purchase a property at the corner of Hinkson Terrace and Silver Shield Trail. Owner Craig Hinkson told the council at a work session Monday there is another interested buyer, prompting him to approach the city about exercising its option to purchase the...