16. Consideration of Letters of Intent for purchase of City-owned property

City Council Meeting · 2026-04-14 · agenda_item

The City of Melbourne is considering Letters of Intent for the purchase of city-owned property located at 695 E. University Boulevard. This item is currently under review by the City Council. If a Letter of Intent is accepted, the property could be sold, potentially leading to future development. This process would likely involve site preparation, construction, and related trades. Local contractors, suppliers, and service providers are encouraged to monitor this item's progress. Early engagement before final plans and permits are established could offer a competitive advantage.