Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Real Estate Sale topic
No spam. Unsubscribe anytime.
Council authorizes satisfaction of mortgage to complete 'Wine Not?' building sale
Summary
Administrator Weasner said a satisfaction of mortgage is needed to complete the final sale transfer of the former 'Wine Not?' property; the council approved Resolution #2026-37 authorizing officials to sign the satisfaction of mortgage.
Administrator Weasner told the council that a satisfaction of mortgage is required for the final building sale transfer of the former 'Wine Not?' property. "This satisfaction of mortgage is required in order for the old 'Wine Not?' final building sale transfer to be completed," Weasner stated.
Council approved Resolution #2026-37 to authorize proper city officials to sign the satisfaction of mortgage (motion by Councilmember Engholm, seconded by Councilmember Stone, unanimous). No additional sale terms or buyer details were provided in the minutes.
