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Germantown board approves purchase of right of way to extend sewer and water for Richfield agreement
Summary
The Village Board approved buying 5.686 acres of right of way so Germantown can extend sewer and water lines under a 50/50 cost-share arrangement with the village of Richfield; the item drew questions about timing, developer interest and long‑term road plans.
The Germantown Village Board voted Wednesday to buy 5.686 acres of right of way needed to extend Germantown municipal water and sewer lines toward the Richfield industrial park, a step officials said is required under the intergovernmental agreement with the village of Richfield.
The board approved a negotiated purchase price of $280,500 for the parcel, with Germantown’s share set at $140,250; the packet included two appraisals supporting the price. Village Administrator said the agreement with Richfield requires Richfield to pay legal and appraisal costs and that the acquired right of way will be owned by Germantown when the transaction closes.
The acquis…
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