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JPA closes on purchase of former bank building; may rent or sell to Richland County
Summary
The Richland Wilkin JPA closed purchase of a bank building and will either rent it or sell it to Richland County; staff will secure insurance for the property, the board discussed options but took no formal action on disposition.
The Richland Wilkin Joint Powers Authority reported it closed on the purchase of a bank building and is weighing whether to rent the property or sell it to Richland County.
Nathan Berseth told the board the bank building closed yesterday; the current plan is to either rent the property or sell it to Richland County, and Shawn Paczkowski will arrange insurance on the building.
The update was informational and the board did not vote on disposition or transfer terms during the meeting. The board discussed options for renting versus selling but tabled any formal decision for a future meeting.
