Scottsdale-owned apartments’ price raises concerns

scottsdale aptsBy Beth Duckett | TheArizona Republic

Scottsdale plans to spend $800,000 to rebuild two aging apartment buildings, raising concerns among some elected officials about the price tag paid by taxpayers.

Mayor Jim Lane and two city council members said they think the city should cut its losses and sell the buildings along Belleview Street in south Scottsdale, which are run down after years of neglect.

“I’m a believer that, when it comes to the city trying to own public-housing projects, it’s a loser for us,” Lane said.

But a majority of Scottsdale’s council members say it’s the city’s obligation to invest in the blighted properties, avoiding an $825,000 penalty from the federal government.

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