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Council says land purchase for sewer project is under agreement; USDA funding pending
Summary
The chair reported the landowner has agreed to sell a parcel for a sewer expansion, a purchase agreement is in legal review, and the council is awaiting a USDA funding decision; a mid-November finalization timeline was cited if funding and due diligence proceed.
The council chair told members that a landowner has agreed to sell land to the city for a sewer project and that a purchase agreement is currently in legal review. The chair said, “My plan is if [USDA funds] they're not [available], we'll just find which piece of the funding package is the least desirable and drop it, and we'll just replace it with the loan,” and conveyed a target of mid-November for finalizing the transaction if financing and due diligence go as planned.
Council members said completing the land purchase would kick off the next phase of the sewer project. The chair noted the agreement is multi-part and in legal review, so final timelines depend on the city's legal counsel and potential USDA confirmation.
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