Could Rocky Mount Council be ripping the citizens of RMT???

Consideration of Sale of Certain Real Property Within Phase II of the Douglas Block Redevelopment Project (106-120 East Thomas Street; 128 East Thomas Street; the parcel north of the Douglas Block Building on N.E. Main Street; and the rear of the properties on Albemarle Avenue with the addresses 244-270 and 278-296 Albemarle Avenue) @ $2,500 to Rozellali Group, LLC.

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I really hope that this group isn't getting all this property for that price if so they are ripping off the citizens of Rocky Mount and the city council approved it

UPDATE: THE PART IN RED WILL BE A PARKING LOT THE PART THAT WAS BROUGHT IS WHERE ALL THE CARS ARE. However, they are still getting it for steal of a price.One end of the block being fixed up at a tune of 10s of millions while the other ends goes for $2500.00..