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EDA authorizes four Highway 65 land sales totaling about $1.5 million
Summary
At a March 2 EDA meeting, commissioners unanimously authorized the sale of four parcels tied to Highway 65 improvements, accepting offers that together total $1,496,900; proceeds will go to the EDA's Targeted Strategic Initiative Fund and no public testimony was offered.
The Economic Development Authority (EDA) on Monday, March 2, unanimously authorized the sale of four parcels to support Highway 65 right-of-way improvements, accepting offers that together total $1,496,900 and directing proceeds to the EDA's Targeted Strategic Initiative Fund.
The sales covered: a full lot at 1320 109th Avenue ($490,000); a small portion of 1409 105th ($27,900); a partial east-side parcel at 10136 Central Avenue ($394,000); and an EDA-owned parcel north of 105th, which MnDOT offered to buy for $585,000. Director Selman told commissioners the properties will be used for the Highway 65 project and that staff…
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