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Coldwater approves sale of lots in Western Meadows subdivision to two builders
Summary
Council approved two separate sales of newly platted Wallace Lane lots in Western Meadows: four parcels to Alliance Home Builders for $80,000 and five parcels to Greenfield Development Ventures (Allen Edmond Homes) at $20,000 each, with construction schedule and clawback provisions to ensure phased building.
The Coldwater City Council voted Jan. 26 to finalize sales of newly platted lots in the Western Meadows subdivision on Wallace Lane, approving separate agreements for Alliance Home Builders and Greenfield Development Ventures (associated with Allen Edmond/Allen Edmond Homes).
City Manager Keith Baker told the council the city solicited proposals about a year earlier and has completed surveying and legal descriptions. The council approved Resolution 26-05 and Agreement 26-01 to sell four parcels (priced at $20,000 each, for a total of $80,000) to Alliance Home Builders to construct single-family homes on the parcels identified as Parcels 3, 4, 5 and 6 on the subdivision drawing.
The council also approved Resolution 26-06 and Agreement 26-02 to sell five parcels to Greenfield Development Ventures (the LLC associated with Allen Edmond Homes) at the same per-parcel price. Those agreements include phased construction requirements and clawback provisions: developers must begin construction and complete specified numbers of lots on a schedule (two lots per year until completion), and if they fail to meet those milestones the city may require re-sale at the original purchase price per the clawback terms described in the agreements.
Several residents urged caution. Karen Klein, a resident of Thompson Boulevard, urged the council to reconsider selling lots to Allen Edmond/Allen Edwin, recounting multiple unfinished punch-list items and alleged structural issues in homes she attributes to that builder. Her comments were recorded in the public comment period but the council proceeded with the approved sales after roll-call votes.
Council members confirmed there are additional phases planned—roughly 20 more lots across upcoming phases—and noted the combination of lots in some locations was necessitated by utility easements and existing gas mains that constrained buildable area. The sales were approved by roll-call votes with all members recorded as voting yes.
