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City approves property exchange with Tyson's Warehouse LLC to support roadwork and Tyson expansion
Summary
Council approved a purchase-and-exchange agreement that conveys a 2.54-acre city parcel to Tysons Warehouse LLC for $1 in exchange for a 0.74-acre expansion area conveyed to the city; the city will grade parcels and take possession of fill, and grading must be completed within five years.
The Dubuque City Council voted 7-0 to approve a purchase agreement with Tysons Warehouse LLC that swaps city-owned land for a portion of Tyson's expansion property and sets terms for grading and future road improvements.
Under the agreement, the city will convey a 2.54-acre parcel adjacent to the Butte Industrial Center West to Tysons for $1; Tysons will convey a 0.74-acre portion of its expansion area to the city for…
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