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GoogleThe land is formerly known as the Winter farm and feedlot.
Council members voted to approve asking prices for the three-parcel property package as approved by the Joint Urban Renewal Board and the Plymouth County Supervisors.
The suggested sale price for 30 acres in the western portion of Crescent Ridge that could be used as residential was $9,750 per acre.
Thirty acres in the eastern part of the property that could be used for commercial or light industrial have a price tag of $30,000 per acre.
The price for the 2.34 acres surrounding the existing home and machine shed and at least one well for water was approved at $300,000.
Members emphasized final sale of any of the parcels will require acceptance of the sale by the council, supervisors and Joint Urban Renewal Board members.
Earlier Tuesday, during the county supervisors' meeting, Neal Adler, of the LBIC, said the price guidelines for Crescent Ridge were based on appraisals.
The entire property is currently zoned for general business.
"These figures are just a starting point," Supervisor Don Kass emphasized.
Conditional factors of the resale of the property are also outlined in sale guidelines as approved Tuesday.
The approved outline calls for the city and county to complete remaining clearing at the property of an abandoned well and remaining concrete crushing at the site. The two entities are also responsible for future improvement and development of 200th Street (24th Street) when needed.
Also required is the improvement and development by the city and county of the half-mile section line roadway using special assessment rules and the removal or relocation of an existing machine shed at the site by the city water department.
Councilman John Leonard, following approval of the sale guidelines, said he sees Tuesday's action helpful to the LBIC in the marketing of the property.
The LBIC, he said, has previously "been handcuffed" in its marketing effort in that price guides were unavailable.
"We've now given them something with which to do the job of selling the property," Leonard said.
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this expansion seems out of line when we haven't been efficient at maintaining what we have. There are many parcels in the city that need to be dealt with prior to an expansion... Just my view.