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Cottage Grove trustees approve purchase of 107 East Cottage Grove Road amid calls for more public input
Summary
The Village of Cottage Grove board voted Feb. 16 to approve an offer to buy 107 East Cottage Grove Road for $350,000 with a 90-day due-diligence period and a proposed Nov. 18 closing; trustees pressed staff about valuation, commission and demolition costs and asked for more public engagement on future property buys.
The Village of Cottage Grove Board of Trustees voted Monday to approve an offer to purchase 107 East Cottage Grove Road in TID 9 for $350,000, with $5,000 in earnest money, a 90‑day due‑diligence period and a proposed closing date of Nov. 18, 2026.
Staff described the sale as the culmination of prior negotiations and said the seller would not pay a broker commission. Village staff also said the site’s current tenant expects time to vacate, which informed the longer closing window. Trustees were told demolition quotes for the parcel…
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