COLDWATER, MI (WTVB) – The Coldwater City Council approved a $20,000 sales agreement with a local couple on Monday night for the purchase of a city-owned vacant lot at 28 Thompson Blvd.
It was one of eight parcels the city bought from the Branch Intermediate School District in November of 2018 for $5,500 apiece.
City Manager Keith Baker said the couple who made the offer recently moved to the community and they plan to build a home on the property.
Baker said there is added value on the property as a result of the extension of the road and utilities that previously did not exist to serve the lots.
The Council action came after the purchase offer on the public property was placed on the table for 30 days under terms of the City Charter.
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