The Springfield Economic Development Agency board authorized the city manager to negotiate a purchase-and-sale agreement for one parcel in Glenwood at 4095 Franklin Boulevard after discussion and a roll-call vote.

Ali Camp, economic development manager, said the property — acquired by the board in 2012 to support Franklin Boulevard improvements — was offered for sale in June 2024 and a prospective buyer submitted a draft purchase-and-sale agreement for $75,000. An addendum in the packet is intended to ensure the property results in future development.

A board member moved to "direct the city manager to negotiate the purchase and sale agreement for the sale of 1 parcel of land in Glenwood, 4095 Franklin Boulevard," and to match the terms discussed in executive session. The motion was seconded. Members asked whether the motion also delegated authority over negotiation outcomes and sought clarification that the city manager's negotiation should match executive-session terms; the mover confirmed negotiation should match those terms.

The motion proceeded to roll call, and members recorded affirmative votes in the transcript. The board therefore authorized the city manager to negotiate the agreement consistent with the board's executive-session guidance.