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Hazen commission approves sale of city lot at 1121 Minneapolis Drive
Summary
The commission approved the sale of Lot 32, Block 2 (1121 Minneapolis Drive) to a prospective buyer who intends to build a single-family dwelling; commissioners discussed build-date contingencies and special assessments before voting to approve the sale.
The Hazen City Commission approved the sale of a single city lot at 1121 Minneapolis Drive after staff presented terms and the prospective buyer's intent to build a single-family home.
Staff summarized the pricing approach as 50% of assessed land value and said the local market averaged $1.78 per square foot; the transcript records the proposed sale price as "$76.62" and legal fees as "$2.90," and staff said the buyer would assume special assessments recorded in the transcript as "$51.66 23." Speaker 5 described the buyer's stated intent: "put a single family dwelling on this lot." Commissioners debated whether to add a build-by date or other contingencies to prevent speculative resales; staff noted a prior pattern of lots being resold without construction.
After discussion the commission moved and seconded a motion to approve the sale; roll-call votes were recorded and the motion carried. The commission also noted that selling lots can remove special-assessment obligations from the city's tax burden and that the sale may help grow the local tax base if buyers build.
The sale was presented under the agenda item "real estate option to purchase, Lot 32, Block 2." Staff indicated they would follow the Commission's normal procedures to finalize sale paperwork; no build-date contingency or additional covenant was adopted in the meeting record.
The transcript contains formatting and numeric ambiguities in the listed amounts; staff should be queried for the official sale price and legal-fee figures when reporting final transaction details.
