The Madison City Council met in an online meeting Monday evening to discuss a new proposed ordinance that will affect property owners, as well as several bids for COVID-19 safety measures. “What [the real estate covenant ordinance] does is stop a current property owner trying to tie up a piece of real estate in downtown Madison and not allow it to be used for commercial purposes in the future,” said Paul Dean, Mayor of Madison. “It doesn’t make anything illegal, it just voids those provisions. It allows people to use the property they bought the way they desire to use it.” The new ordinance is only targeted in regard to commercial real estate properties when a restrictive covenant is placed that prohibits the property from being used again in the future.
(Read more: Emporia Gazette)
