RDA approves sale of former Mercury Marine parking lot to Brunswick
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Summary
The Oshkosh RDA approved Resolution 25-11 to sell three lots used as the Mercury Marine parking area to Brunswick Corporation for $48,000; the board noted an outstanding ATC easement negotiation and that one lot will be transferred from the city to the RDA before closing.
The Oshkosh Redevelopment Authority voted to approve Resolution 25-11, authorizing the sale of three lots commonly used as the Mercury Marine parking area to Brunswick Corporation for a purchase price reported as $48,000.
Staff told the board the main outstanding negotiation concerns an easement held by ATC (American Transmission Company) and that one of the three lots is currently listed as a city lot; that lot will be transferred to the RDA at the next city council meeting so the RDA can include it in the sale. Staff characterized the site as an environmental site that will be capped and converted to a parking lot, and said the buyer is aware of, and acceptable to, known site conditions.
Board discussion focused on the easement language and coordination with ATC; staff said final easement wording (a roughly 15-foot future easement) remains to be agreed and that Mercury Marine/Brunswick and the RDA will negotiate terms. The RDA moved the sale and, after a roll-call/voice vote, the motion carried.
What happens next: Staff will finalize easement language, complete the city-to-RDA lot transfer at the council level, and proceed to closing with Brunswick when contractual conditions are satisfied.