Common Contracts
1 similar null contracts
THE CITY OF OWATONNAJune 10th, 2021
The EDA/City had previously purchased a 4-plex at 147 West Pearl Street for the purpose of redevelopment. The 4-plex has been demolished and there was an agreement with the adjacent property owner on the corner to market the two properties together. Now the adjacent property owner would like to sell the property. The City’s property is much more marketable if the property on the corner is added to it. Staff is working with a local business to construct a new building on the two properties. Acquiring this property will help advance that project.
