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Lot for sale

City to sell land next to City Hall

SOLON– The property next to Solon City Hall is for sale.
A developer approached the city with a plan to build a two-story mixed-use building on the former residential lot, and the city has given other interested parties until the morning of Nov. 19 to submit alternate plans.
At an Oct. 16 meeting, council members approved resolution 19-46, setting a Nov. 20 public hearing on the disposal of 120 W. Main Street, a property acquired by the city along with the current city hall site.
If no other development proposals are received, the city will accept one submitted by Mark Pattison, according to the notice for the public hearing.
“If no other project came forward, we would enter into an agreement with the developer that has made the proposal to the city already,” noted City Attorney Kevin Olson during the council meeting.
Olson said the property in question was purchased by the city with Tax Increment Finance money, and state code requires a specific process to dispose of it.
According to the notice, alternate proposals must include a plan for development aligned with the city’s objectives for the site– $160,000 for the property and the construction of a mixed-use building on the site with two commercial units on the ground floor and one residential unit on the second floor.
“The City reserves the right to consider the legal and financial ability of developers submitting proposals to carry out the desired development of the Development Property,” the notice stated. “Furthermore, the City reserves the right to negotiate for proposals with respect to the desired development of the Development Property.”
Proposals must be received by City Hall by no later than 10 a.m. on Nov. 19.