$5,000 offer made on city owned vacant lot on South Clay

COLDWATER, MI (WTVB) – The City of Coldwater has received a $5,000 offer to buy a vacant lot at 136 South Clay Street where a new home could be constructed.

A resolution and agreement to buy the property was introduced during Monday night’s Coldwater City Council meeting.

City Manager Keith Baker told the Council the site is the former location of a residential structure that was demolished in late 2016 at a cost of $20,775 as part of the city’s effort to remove structures that it finds to be deteriorated beyond rehabilitation at a reasonable cost.

He said at one time the now defunct Branch County Habitat for Humanity was interested in the property.

The person who has made the offer on the property plans to build a home on the site.

The City Charter requires that when public property is sold, it must stay on the table for 30 days. During this period of time, other bids may be received and considered by the City Council.

The first meeting the Council can formally act on the sale would be on May 12.