Public Hearing On $1.25 Million Argenta Hills Deal Delayed

A public hearing on a proposed, $1.25 million dollar deal between the city and MGT Development has been postponed until June 27.

City Administrator Joe Lynch said the delay is due to an error in the publication of a public notice on the hearing. The notice was published in the wrong section of Southwest Review, the city's official newspaper, and contained the wrong font size. A correct version of the notice must be republished in the newspaper before the hearing can take place.

State law requires cities to publish notices on public hearings, new ordinances and meeting schedules, among other items.

 MGT Development is the developer behind a stalled commercial and residential project near the intersection of Robert Trail S. and Hwy. 55.

Under the terms of the proposed agreement, MGT would construct roughly 150,000 square feet of commercial development and complete site improvements, including paving, landscaping and on-site lighting.  In return, the city would pay for roughly $1.25 million of the $2.2 million cost to install those site improvements. For more details, .