The Portland City Council will hold a closed-door meeting Monday to discuss a long-delayed plan to build hundreds of residential apartments in Bayside.
The meeting will deal with the “city’s legal rights and duties” regarding the sale of 3½ acres of city-owned land on Somerset Street to Florida-based developer Federated Cos., according to the city’s website.
City Manager Jon Jennings said Federated Cos. has requested some minor modifications to the sales agreement, but he could not provide specifics because it’s part of a negotiation. If the changes are made, the sale could close by the end of May, he said.
“There’s some cleanup that has to happen with the agreement,” Jennings said. “It’s nothing like a change to the purchase price or anything like that.”
The council could vote on the