COLDWATER, MI (WTVB) – The Coldwater City Council approved the introduction of a draft sales agreement on Monday night after the city received a $4,000 offer to purchase a vacant lot at 212 Henry Street.
Coldwater City Manager Keith Baker says the person who wishes to buy the property wants to construct a new single-family residence.
The site is the former location of a residential structure that was demolished in 2017. The lot is approximately 74.25 feet in width by 165 feet in depth.
The City Charter requires that when public property is sold, the conveyance must remain on the table for 30 days. During this period of time, other bids may be received and considered by the City Council.
The City Council’s action Monday placed the purchase offer on the table for 30 days.
Due to the council’s schedule, the regularly scheduled meeting after the 30-day time period at which the sale could be acted upon is Monday May 9, 2022.
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