Don Anderson, a resident at 102 Falls Creek Lane, asked city officials whether the municipality or the Economic Development Corporation (EDC) would pursue purchase of a parcel and whether a city discount would be sought. "Appraised value is 262,000," an unidentified official responding to Anderson said.

Anderson asked whether the city would partner with the EDC or buy the property outright. An unidentified official (Speaker 5) said the appraisal is $262,000 and suggested that, if the appraisal is accepted as fair market value, discussions could follow between the city and the EDC about how to proceed. Anderson said he wanted more details and a clearer timeline for any purchase.

Officials said they were unable to release full details while negotiations or related litigation remain active. An unidentified speaker told the audience the council and other parties had worked hard on negotiations and asked for patience until a deal permits public disclosure; a town hall was proposed as the venue to release comprehensive information.

The exchange left several specifics unresolved: who will formally make the purchase, whether the city or EDC would bear costs, and any proposed purchase price beyond the appraised value. Officials repeatedly said they could not provide additional documentation or negotiate publicly while the related litigation and negotiations continue.

Next steps provided during the meeting were limited to: (1) acceptance or reliance on the $262,000 appraisal as a starting point for talks, (2) potential negotiation between city staff/council and the EDC, and (3) scheduling a town hall to present details to the public once permitted. No formal motion, vote, or commitment to purchase was recorded during the session.