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Council authorizes counteroffer for vacant lot at 115 S. M. Street after housing debate
Summary
After discussing competing development interest and assessed value, the Oskaloosa City Council voted to make a counteroffer on the unsolicited $2,500 purchase offer for a vacant city lot at 115 South M Street, with council members seeking assurances the lot will be developed as housing.
The Oskaloosa City Council moved to authorize a counteroffer on the unsolicited purchase offer for vacant city-owned property at 115 South M Street after debate over whether to accept the $2,500 offer, reject it and rebid, or negotiate for a higher price tied to housing development requirements.
The council heard staff background that the property, acquired by the city via a tax-sale certificate in 2023, is 0.38 acres (123 by 136 feet), has an assessed value of…
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