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Elmwood lowers nursing home asking price by $100,000
Summary
The Village Board voted to reduce the nursing home sale price by $100,000 during its Jan. 12 meeting after personnel and finance committee consideration; the motion passed on roll call vote.
The Elmwood Village Board approved a $100,000 reduction in the asking price for a nursing home property on Jan. 12, following a recommendation from the Personnel & Finance Committee.
Trustee Paul Unser moved to reduce the sale price and Trustee Dawn Toth seconded the motion. The minutes record a roll call vote and state the motion carried. The document does not list the original or new asking prices, nor does it detail buyer interest or the reason the committee recommended the reduction.
The action was taken during committee recommendations; the Board voted in open session after returning from a closed session that had addressed personnel and other committee business. The minutes do not include additional negotiation details or an effective date for the price change.
