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Perry council authorizes steps to buy Plantation Road well site with increased earnest deposit
Summary
Council agreed to proceed with purchasing a water-well site on Plantation Road after the seller proposed a three-month due-diligence period; the council approved raising the nonrefundable deposit to $10,000 and directed staff to proceed under the revised schedule.
The City of Perry council on Oct. 28 authorized staff to move forward with acquiring a proposed well site on Plantation Road after the seller accepted the cityoffer price but requested a three-month due-diligence period instead of six months.
Staff recommended increasing the nonrefundable earnest-money deposit to $10,000 and proceeding with a condensed due-diligence period because engineers said required bid processes and permit work could be completed within the shorter window. Council moved and approved the staff recommendation.
Why it matters: The site purchase is part of the city's plan to secure water supply capacity; staff said the location is scarce and likely the best available near the service area. Council recorded a motion and affirmative roll call votes approving the deposit increase and the revised timeline.
Next steps: Staff will finalize purchase documents with the realtor and proceed with engineering reviews and required permitting within the three-month due-diligence window.
