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Council votes to retain city-owned lot at 522 E. Hampton Avenue; no sale or realtor engagement planned

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Summary

After prior offers and a declined Habitat for Humanity request, the Fergus Falls City Council voted to keep the city-owned property at 522 East Hampton Avenue and not actively market it now, opting instead to place a "for sale" sign and revisit disposition after economic development goals are set.

The Fergus Falls City Council voted on March 1 to keep the city-owned parcel at 522 East Hampton Avenue in inventory and not pursue active marketing or immediate sale. The motion was made to leave the property as-is and was approved.

Staff told the council the city had previously received an offer (the city countered at $21,000) but the transaction did not complete. Staff also reported that Habitat for Humanity declined the property when it was offered to them. Council members discussed whether to engage a realtor, sell in-house or wait until an economic development plan and an economic development director structure are in place.

One council member recommended holding the parcel until the city defines its economic development goals and the role of a possible in-house economic development director. Another council member suggested placing a for-sale sign on the property and posting it on the city website so developers could contact the city if interested. Council member Mark seconded the motion to retain the parcel. The motion carried.

The council directed no immediate expenditure to market the property and left open the option to revisit the parcel’s disposition after the March 26 economic development discussion and any subsequent policy changes.

No formal sale or contract was approved at the meeting.