COLDWATER, MI (WTVB) – The Coldwater School Board voted 5-0 to approve a purchase agreement with NRP Properties on Monday night with a provision that the Cleveland area developers can pull out of the agreement within 420 days if they felt things were not moving forward.
NRP and the district entered into an agreement last October for the purchase of the Fremont School Building and over nine acres of land at 95 South Fremont at a price of $425,000.
NRP wanted to put in a 70 unit housing development on the site but the plans and a rezoning request sparked a heated controversy in recent months.
For now, the proposed housing development has been shelved after a rezoning public hearing that was scheduled for Monday’s Coldwater City Council meeting was tabled at the request of NRP.
