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West Fargo approves purchase and leaseback agreements for properties near I-94/20th Street interchange site
Summary
The commission approved purchase agreements and nominal rental-back terms to acquire properties owned by Hazer Ventures and Dwayne Hazer for a future interchange; commissioners said economic development sales tax will fund the purchases and special assessments transfer with the property.
The West Fargo City Commission approved purchase and rental-back agreements for three properties owned by Hazer Ventures and Dwayne (Duane) Hazer at its April 21 meeting, to secure land anticipated for a future interchange at I-94 and 20th Street West.
City Engineer Dan Hansen said the acquisitions follow direction the commission gave staff in November to negotiate purchases of the parcels. Two…
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