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Monroe council approves pre-negotiated land sale to solar firm Pure Power Contractors
Summary
City council approved a pre-negotiated sale of roughly 18.5 acres in Monroe Corporate Center to Pure Power Contractors, which plans to relocate its headquarters, retain 162 employees and add about 100 more over five years; projected capital investment: $7–$10 million.
Monroe City Council on Nov. 25 approved a pre-negotiated sale of about 18.52 acres in Monroe Corporate Center to Pure Power Contractors, a photovoltaic design and solar-power contracting company that said it intends to relocate its headquarters to the city.
Teresa Campo, introducing the item, said Pure Power submitted a letter of intent to purchase the property at a sale price transcribed as $1,400,000 and that staff recommended the sale and authorization for the city manager to…
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