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Committee approves sale application for three Wyatt Street lots; debate centers on floodplain costs and price
Summary
The Economic Development Committee voted 3–2 to advance a sale application for 208–214 Wyatt Street to the city council after extended discussion about floodplain remediation costs, assessor values and permitting; the buyer is block‑grant eligible and would receive remediation assistance structured as a forgivable mortgage.
The Wausau Economic Development Committee voted 3–2 to approve a property sale disposition application for 208–214 Wyatt Street and forward the matter to the full City Council, after hearing detailed staff history of the parcels and extensive committee debate about cost and process.
Economic Development staff described long city ownership of the parcels, acquisition and demolition activity going back to the early 2000s and intermittent attempts to sell the lots. Staff said a private applicant, identified in the record as Gunther Nowak, qualifies for federal block grant assistance and proposes to live in one unit while building and renting the others to help afford…
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