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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.

Rosenthal said he would work with the city attorney to draft the necessary documents. Mayor Noah Walker asked that the proposal appear as a resolution at the next meeting to allow public comment. “I think I would prefer to have public comment on this,” the mayor said.

City Attorney Martin said any offer and resolution must comply with the school board’s procurement/share policy and that the city’s offer may require a multi‑step process. “We certainly can craft a general offer, but we need to do our offer in accordance with their procurement share policy,” Martin said.

Rosenthal said he would bring the draft resolution back to the council for formal consideration at a future meeting. No vote was taken on the purchase at the Oct. 20 meeting.