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Osceola council approves $290,000 offer for property eyed as future wastewater site
Summary
The Osceola Town Council voted unanimously Feb. 16 to submit a $290,000 offer on a parcel at 3rd Street and Beech Road as a potential future wastewater site after reviewing two appraisals and setting an average appraisal-based ceiling.
Council President Nicholas Hanlon called a special Osceola Town Council meeting to order at 5:21 p.m. Monday and led discussion on a parcel at 3rd Street and Beech Road that the town is considering for a future wastewater site.
Councilors reviewed two appraisals for the parcel: one at $300,000 and one at $347,300. The council recorded the average of the two appraisals as $323,650 and described that figure as the maximum allowable bid. During discussion, members noted a working maximum near $316,000 but concluded they would submit a lower offer.
Councilor Joseph Nehls moved to submit an offer of $290,000 for the property; Councilor Peter Quist seconded the motion. The motion carried unanimously. The three councilors in attendance were Council President Nicholas Hanlon, Councilor Joseph Nehls and Councilor Peter Quist; the clerk/treasurer is listed in attendance.
The motion authorizes the town to make the $290,000 offer; the transcript does not specify whether the seller has accepted the offer or the next procedural steps if the seller rejects or counters. The meeting was not recorded because it was held offsite and was crowded and loud.
The council adjourned at 5:28 p.m.
