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Hubbard County HRA approves sale of parcel for local Hammer Fit gym
Summary
The Hubbard County HRA/EDA voted to sell an HRA-owned parcel to developer Brian Hammett, who plans a Hammer Fit gym. The board held the required public hearing, heard no public comment, and instructed staff to enter a purchase agreement with a $88,000 purchase price and 20% earnest money.
The Hubbard County HRA/EDA voted to sell an HRA-EDA owned parcel to developer Brian Hammett for development of a Hammer Fit gym, instructing staff to finalize a purchase agreement after a public hearing at the board’s regular meeting.
The sale was approved after the board opened a statutorily required public hearing and heard no members of the public. Director (speaker 4) told the board the RFP process led to a preliminary designation of Hammett as the selected purchaser and that the purchaser has submitted planning documents to the city and intends to move forward pending the sale. "The HRA has to hold a public hearing prior to the disposition of any property," the Director said during the hearing.
Why it matters: the HRA’s disposition policy requires that a purchaser convert the property to its intended use within one year to prevent speculative flipping. The Director summarized the proposed purchase agreement terms the board reviewed: a full purchase price of $88,000, 20% earnest money, and a closing to be scheduled with Hubbard County Title and Abstract at the purchaser’s convenience. She told the board the agreement includes a requirement that the purchaser convert the property to its expected use within a year and obtain HRA permission to resell within the first year.
Board members debated procedurally before the vote but heard no public objections. One board member moved to instruct staff to enter the purchase agreement with the selected developer; the motion was seconded and carried on a voice vote.
The board’s action directs staff to finalize the purchase agreement and move toward scheduling a closing. The Director said staff will proceed with the paperwork and that the purchaser has been in close contact with staff and city planners about next steps.
