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City confirms offer to purchase two Ridgeview lots; closing set for September
Summary
City manager reported the city executed an offer to purchase two single-family lots in Ridgeview Estates with Intrepid Investments, scheduled to close in early September; staff said the lots are expected to yield additional houses this year.
City Manager Hausman reported that the city "received and executed an offer to purchase for two additional single family residential lots in the Ridgeview Estates subdivision with Intrepid Investments" and that the transaction is scheduled to close in early September. He said the lots will enable construction of additional single-family homes this year.
Hausman also noted related administrative activity: an appraisal process with open-book meetings for homeowners and a board of review slated for July 30 to hear any formal objections to assessments. The manager framed the sale as part of ongoing housing development activity in Fort Atkinson and encouraged residents to review project materials on the city website.
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