Minneapolis officials Wednesday said the group hoping to convert a city-owned warehouse into an urban farm, housing and community hub must pay the full price agreed upon in 2023, despite missing out on promised funding from Minnesota lawmakers.
The East Phillips Neighborhood Institute (EPNI), the nonprofit that aims to transform the former Roof Depot building on the city’s South Side, last month asked the city to lower the agreed-upon price of $11.4 million for the site ahead of the approaching Sept. 15 purchase agreement deadline.
Minneapolis Community Planning and Economic Development Director Erik Hansen said the city can’t accept the counteroffer. The city has an obligation to recoup taxpayer money spent on the property, he said…