County seeks $210K minimum bid for Freeport property, future public hearing and bid-letting to be scheduled

The four-parcel property in Freeport the county has been trying to sell for approximately the last six months will once again be on the market and up for bid.

In a three-to-two vote, the Winneshiek County Board of Supervisors decided April 1 to require a minimum bid of $210,000 to purchase the 7.21 acres of land, which is designated by the Iowa Department of Natural Resources (DNR) as “floodway fringe”. The land was originally assessed at an approximate value of $35,000 per acre or about $250,000 for the whole parcel.

Previous bids, which were opened during the March 18 supervisors meeting, were $142,000 from Iowa Rotocast Plastics, Inc. and $177,450 from Ren Properties, LLC, owned by Russell Novak of Novak Electric. During that meeting, Supervisor Co-Chair Mark Vick voted to reject the bids because he felt they were too low. 

“If we were completely working with the neighbors, who’ve voiced concern, who live directly around this parcel, we wouldn’t be selling it at all,” said Supervisor Shirley Vermace during the April 1 meeting.

Full article in the April 4 Public Opinion Newspaper.

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