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Coldwater BPU backs sale of North Willowbrook acres to developer for apartment project
Summary
The Coldwater Board of Public Utilities approved forwarding a purchase agreement for roughly 20 acres on North Willowbrook Road to the city council; the sale is contingent on contingencies in the draft agreement and city/township approvals.
The Coldwater Board of Public Utilities voted to move a proposed sale of 20 acres of the utility-held North Willowbrook Road property to the City Council for further action.
Utility Director Jakubzak summarized the property history and the purchase offer: the city and BPU purchased 65 acres in May 2009; the utility previously sold 17.7 acres to Coach Road Capital Partners LLC for the Summit Apartments development. Troutline LLC…
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