Salt Lake City will back out of a $7 million property purchase on Simpson Avenue after deciding late last week that the site is no longer needed for a homeless shelter.
City spokesman Matthew Rojas said Tuesday the city's contract with the owners of 2.8 acres, including a 653 E. Simpson Ave. day care, allows the city to cancel for any reason, at its sole discretion.
The city will forfeit an earnest money deposit of $10,000.
Representatives of Forest Co., which owns the property
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