Public Notice and City Council Special Meeting

Public Notice

Notice of Public Hearing for Sale of Real Property

Located at 205 E. Main Street

City of Lowell, Oregon

The City Council of the City of Lowell will hold a public hearing to take comments on the sale of real property located at 205 E. Main St., Lowell, OR 97452 and consisting of the following map and tax lots: 1901142402100; 1901142407200; 1901142402201. The public hearing will take place at 6:00 PM on March 27, 2023 at the Lowell Fire Department, 389 N. Pioneer St., Lowell, OR 97452.

The reason for the sale is that the city purchased this property with the intention of reselling it for commercial development. The property is currently vacant, the city has no use for it, and the sale will allow private development of the site. On November 2, 2021, City Council held its first public hearing on the sale of the property and authorized the sale to Lowell Investment Properties, LLC. On March 15, 2022, the City Council approved a purchase and sale agreement with Lowell Investment Properties, LLC, which was signed on March 28, 2022.

The city and Lowell Investment Properties, LLC wish to renegotiate the terms of the purchase and sale agreement. The renegotiated terms include: removing the city’s option to repurchase the property after five years and agreeing to waive system development charges as consideration for the buyer accepting post-closing environmental risk. All other terms, including the sale price of $375,000, remain the same as originally agreed. At the March 27, 2023 public hearing, City Council will accept public comments on the renegotiated terms of the purchase and sale agreement. After the public hearing, the City Council may vote to approve an addendum to the purchase and sale agreement with the new terms. If the addendum is approved, the City anticipates completing the sale to Lowell Investment Properties, LLC on March 29, 2023.

Any written comments concerning the proposed sale received by the city prior to the public hearing will be provided to the City Council. Any interested party may provide spoken or written comments at the public hearing. Members of the public may participate in person or electronically through Zoom meeting by personal computer, tablet, or telephone. For instructions on how to join electronically, go to the following Web address and select the meeting in question: https://www.ci.lowell.or.us/calendar.

Questions concerning the sale of the property may be directed to City Administrator Jeremy Caudle by calling (541) 937-2157 or by email at admin@ci.lowell.or.us.

Topic: Special City Council meeting
Time: Mar 27, 2023 06:00 PM Pacific Time (US and Canada)

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Meeting ID: 858 5959 6423
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Comments and testimony will also be accepted through the following:

By drop box at Lowell City Hall, 107 East Third Street, Lowell, OR 97452
By email to Lowell City Hall at admin@ci.lowell.or.us

The meeting location is accessible to persons with disabilities. A request for an interpreter for the hearing impaired or for other accommodations for persons with disabilities should be made at least 48 hours before the meeting to City Hall at 541-937-2157.