City Council reverts to prior policies, votes to sell land for $
A plan to create 50 affordable apartments on city-owned property will move forward after the council approved new amendments to the plan, under which Wausau will sell the land to a developer for $1.
Project plans for the property, at 415 S. First Ave. and 401 S. First Ave., have twice been scuttled since Wausau acquired the land. City leaders in September 2016 purchased the West Side Battery property for $200,000 using a loan made by the Judd S. Alexander Foundation. The adjoining parcel, the former home of L&S Printing, was sold to the city in 2014 for $190,000, also with a loan from the Judd S. Alexander Foundation. The $390,000 properties are now considered a single parcel for development purposes...
Project plans for the property, at 415 S. First Ave. and 401 S. First Ave., have twice been scuttled since Wausau acquired the land. City leaders in September 2016 purchased the West Side Battery property for $200,000 using a loan made by the Judd S. Alexander Foundation. The adjoining parcel, the former home of L&S Printing, was sold to the city in 2014 for $190,000, also with a loan from the Judd S. Alexander Foundation. The $390,000 properties are now considered a single parcel for development purposes...
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- - Volume: 11 - WEEK: 21 Date: 5/25/2023 9:28:25 AM -