Glendale questioned over land dealPosted: Updated:
PHOENIX (AP) -- Some Glendale City Council members are questioning a recent land deal that cost the city $6.6 million.
The Arizona Republic reports the Pendergast family originally sold the land near the Cardinal's football stadium to San Diego real-estate investor David Malcolm for $5.5 million. Malcolm then sold the land to the city for $1.1 million above what he paid for it.
The land was previously leased by the city for overflow football game parking and a youth sports complex.
Glendale City Councilwoman Joyce Clark said she will inquire about the timing of the purchases and whether the city could have negotiated directly with the Pendergasts and save the $1.1 million.
Clark said no explanation was given by city staff as to why the Pendergast family had decided to sell the land or why they had not sold it directly to the city.
Information from: The Arizona Republic, http://www.azcentral.com
© 2010 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.