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Jim Tait Real Estate

home : news : news May 29, 2016

4/17/2014 9:50:00 PM
Minocqua electors approve $300K land buy
Minocqua electors on Thursday authorized the town to buy half an acre of land next to Torpy Park for $300,000.

The decision occurred by a hand vote at the town's annual meeting. No one voted in opposition to the purchase.

The property, at 815 U.S. Highway 51, between the park and BJ’s Sport Shop, could supplement town parking and provide more green space, according to town officials. A final decision has not been made on how the site would be used, however.

Earlier this month the town board entered into a conditional offer to purchase the property from Minocqua Land Investments, but that offer was contingent on the outcome of tonight’s meeting. By state law, towns must obtain consent from electors to buy and sell land.

The town will take out a loan to fund the purchase.

Also on Thursday, town electors voted to give the town chairperson and clerk positions each a $1,000 raise. That raise will not take effect until next April when both positions, which are elected, will start new terms.

Read the full story on Minocqua’s annual meeting in Tuesday’s edition of The Lakeland Times.

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