remains committed to the fair treatment of property owners as . That's the message from Mayor James Beck in a letter he wrote last week to property owners.
"The city has made it abundantly clear to each of the developers that residents be treated fairly and with respect," Beck wrote. "The city plans to utilize generated by the new projects to enable the developers to offer acquisition prices well above market values and to also provide relocation benefits."
The letter also states that the Menards-Pace effort is "very likely the city's last effort to seek redevelopment." If it fails, homeowners will be required to fix blight or sell their property individually.
A complete copy of the letter is attached to this article.