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Kenyon-Wanamingo reports $350,000 sale of Wanamingo building; proceeds to cover bonds
Summary
The board announced the Wanamingo building sale closed Jan. 15, 2026, for $350,000 to Freedom Enterprise LLC and Two Oak Hill Properties LLC; proceeds will be applied to older bond payments after resolving TIF and easement paperwork.
Board members were informed that the sale of the Wanamingo building closed Jan. 15, 2026, for a purchase price of $350,000. The buyers were Freedom Enterprise LLC and Two Oak Hill Properties LLC; Breanna Kohn served as the realtor. The minutes note that proceeds from the sale will be applied to older bond payments.
The sale required extra time to complete due to paperwork related to a tax increment financing (TIF) district and to create an easement among the buyer, the school and the city for shared parking for the ballfields and pool. The minutes identify the closing date and price as factual details recorded by the board; no further sale terms were listed in the minutes.
