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Council approves closed‑session sale agreement to developer for portion of Eagles Ridge Drive property
2934755 · April 9, 2025
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Summary
In closed session the council authorized entering a purchase agreement with Essex Development LLC for 5.85 acres at 3500 Eagles Ridge Drive at $10,000 per acre to start due diligence for a duplex condominium development of up to 24 units.
In a closed‑session action during the April 7 meeting, the Beloit City Council approved a resolution to enter into a purchase agreement with Essex Development LLC for a portion of the city property at 3500 Eagles Ridge Drive.
Staff (identified in…
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