Council approves bid to buy AISD properties

"City Council approved a measure Thursday to move forward with a joint effort between the city, Travis County and the Austin Independent School District to provide affordable housing on publicly owned land.

The measure authorized city staff to submit a bid to purchase 10 properties currently owned by the school district for an amount not to exceed $2.88 million. AISD announced on Oct. 4 that it was intending to sell the parcels, which are spread throughout the city. The district is accepting bids for the properties through Dec. 14."

http://www.austinmonitor.com/stories/2016/12/council-approves-bid-buy-aisd-properties/