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Finance Committee approves Industrial Park vacant lot sale

The Sturgeon Bay Finance/Purchasing & Building Committee took no action Tuesday on a letter of intent to purchase west waterfront property but did approve the consideration for a sale of a city lot in the Industrial Park.  Before a closed session, the committee approved an offer to purchase by Sturgeon Bay Cold Storage for a vacant parcel.  The company hopes to start construction of a 12,000 square foot addition to the manufacturing facility.  Committee Chair Helen Bacon says the land purchase, which will include some investment credit incentives, was facilitated with help from the Door County Economic Development Corporation.

 

 

The final purchase price for the city lot will be $10,000.  The construction project by Sturgeon Bay Cold Storage is expected to cost over $1.2 million and provide added production, storage, office space, and increased employment opportunities. 

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