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Council approves sale of two Vaughn Road lots to local builder
Summary
Coldwater council voted to sell two tax-foreclosed lots on Vaughn Road to local builders David and Monica Lauder for $15,000 per lot; the buyers will fund required utility extensions to city specifications and the city will extend the road after utilities are dedicated.
The City Council approved the disposition of two vacant lots on Vaughn Road to local builders David and Monica Lauder on April 27. The sale price is $15,000 per lot ($30,000 total) plus the purchaser's cost to extend utilities to serve the lots.
City staff explained the property had been acquired by the state through tax foreclosure;…
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