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Council approves EDA sale of two industrial lots to Aventus Investments LLC; councilors note notice wording and public sensitivities
Summary
The council authorized EDA actions to sell two industrial park lots to Aventus Investments LLC for $2.25/sq ft; the planned development includes a 30,000-sq-ft warehouse for Guns R Us and a 20,000-sq-ft building for Steelhead Outdoors. Some councilmembers said the agenda language ('certain actions') and meeting timing limited public awareness for a potentially sensitive buyer.
The City Council approved EDA-authorized actions to move forward with the sale of the final two lots in the industrial park to Aventus Investments LLC after the EDA recommended accepting an offer at market value.
Ken reviewed the EDA action: the purchaser will pay $2.25 per square foot and is proposing two buildings — a 30,000-square-foot warehouse to house a wholesaler described in the presentation as…
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