In a joint public hearing Wednesday, the El Centro City Council and the city's Redevelopment Agency voted to sell two 1-acre sites in the city's Centerpoint Business Park for business incubators.
RDA Assistant Executive Director Oscar Rodriquez told the council each site is worth about $65,000 and that the buyer expects to invest up to $300,000 per site on construction.
Each site would be used for the purpose of developing a light industrial manufacturing plant of about 6,000 square feet. The development would host small shop and office rental spaces, according to the staff report.
In a separate public hearing the City Council voted to submit a $500,000 grant application to the state for single-unit, owner-occupied housing rehabilitation. The city must pay $75,000 in matching funds. The funds are sought through the Community Development Block Grant program. The money would be used to rehabilitate at least 12 owner-occupied single-family homes.