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City manager: Lake City nearing $200,000 offer for 5 Points property; council to consider resolution
6490561 · October 21, 2025
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Summary
City Manager Don Rosenthal said final negotiations are underway on a proposed $200,000 purchase of the 5 Points property, with the city and county each expected to contribute $100,000. The mayor asked that a resolution be prepared for the next council meeting so the public can comment.
City Manager Don Rosenthal told the Lake City Council on Oct. 20 that the city is in final negotiations to purchase the 5 Points property and that the likely offer would total $200,000, with $100,000 from the city and $100,000 from the county.
Rose…
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