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McGregor Council declines offer to purchase former Holiday Shores property

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Submitted by admin on Tue, 02/23/2016 - 12:02

By Audrey Posten, North Iowa Times Editor

At its Feb. 17 meeting, the McGregor Council chose not to entertain an offer from Trilogy Partners, LLC, to purchase the former Holiday Shores Motel property for $1.05 million.

Trilogy, which purchased the property in June and tore down the motel at the end of summer, made the offer through a letter from their attorneys to McGregor city attorney Mike Schuster. In the letter, the group also expressed disappointment over the city’s decision earlier this year not to re-zone the property so that condominiums could be built at the location along the riverfront.

“I hope you guys aren’t even considering accepting this offer,” said mayor Harold Brooks to the council.

The council agreed and instructed Schuster to notify Trilogy that they declined the offer.

“It’s too bad they didn’t work with us before,” stated councilwoman Rogeta Halvorson. “We could have worked on getting investors. Now, at the last minute, it’s being shoved down our throats.”

March meeting

The city’s March council meeting will be held at 6:30 p.m. on Wednesday, March 9 (a week earlier than normal). At the meeting, a public hearing will be held for the 2016-2017 proposed budget. A public hearing will also be held for a 2015-2016 budget amendment.

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