Richmond Lake Officials choose auction for land sale
Property on Richmond Lake will be auctioned off, city officials decided Monday.
The land, jointly owned by the county and city, is on the north-central part of the lake.
Last week, City Attorney Adam Altman met with the Brown County Commission to convey the city’s desire to sell the piece of property, after a short executive session to discuss the appraisal price and possible manner of sale, the county commission authorized Altman to act on behalf of the county to sell the land.
In 1937, the Lindboe family gave the piece of property, which consists of 200 acres – 60 of which are above water – to the city and county.
The city has since had the property appraised, and at Monday’s meeting, the City Council discussed sale options in a 15-minute closed session. There were three options for selling the land: through a real estate broker, through sealed bids or by auction.
Back in public session, the council members unanimously decided it would be best to sell the land by auction.
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