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Marinette council approves development agreement to repurpose Duer Gym for $1 with buyback clause
Summary
The council approved a development agreement allowing Riley Laney of Routine Fundamentals to repurpose Duer Gym (402 Williams St.) for a nominal $1.00 sale, subject to a buyback provision, specified timelines, a minimum property value clause of $150,000 and City Attorney approval of final documents.
The Marinette Common Council voted 9–0 on March 3, 2026, to approve a development agreement and the city’s intent to sell Duer Gym (402 Williams St.) to Routine Fundamentals (represented by Riley Laney) for a purchase price of $1.00. Alderperson Doug Oitzinger moved the approval and Alderperson Rick Polzin seconded; the motion passed unanimously.
The agreement, as described in the meeting minutes, includes specific timelines for start and completion of redevelopment work, a buyback provision for the city, and a clause that the resale value of the property shall be no less than $150,000. The approval is subject to the City Attorney drafting and executing a formal offer to purchase before final transfer.
Riley Laney attended the meeting to answer questions from council members. The minutes record approval conditioned on the City Attorney preparing the final documents; no final sale date was recorded and financial guarantees or funding sources were not specified in the minutes. The City Clerk will file the executed offer once drafted.
