Quantcast

Montgomery News

Monday, November 25, 2024

CITY OF TAKOMA PARK: Neighborhood Development Company (NDC) and TPSS Co-op Arrive at Agreement Regarding Sub-lease of the Takoma Junction Parking Lot

Pexels photo 210585

City of Takoma Park issued the following announcement on Aug. 31.

We are pleased to announce that an agreement has been reached between NDC, the City’s development partner, and the TPSS Co-op regarding a sub-lease of the parking lot at Takoma Junction. 

Per the agreement, the Co-op will assume operational control of the parking lot when the Ground Lease between the City and NDC commences on September 1, 2018. 

The lot will remain available to the public for parking at no charge during the term of the sub-lease, which is expected to last until construction commences.

Original source can be found here.

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS