Notice of Public Hearing for Sale of Real Property

Public Notice

Notice of Public Hearing for Sale of Property Located at 205 E. Main Street

City of Lowell, Oregon

The City of Lowell will be holding a public hearing at 7:00 PM on September 21, 2021 at the Maggie Osgood library 70 N Pioneer, Lowell, OR 97452. The purpose of the public hearing is to take comments on the sale of the City of Lowell’s property located at 205 E. Main Street.

Due to the COVID-19 pandemic, the City is providing an electronic option to listen, watch, and participate. Members of the public may participate in person with physical distancing measures or electronically through Zoom by PC, tablet, or phone. For instructions on how to join via Zoom, go to the following web address and select the meeting in question: https://www.ci.lowell.or.us/calendar.

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 the property, and the sale will allow the private development of the site. The City’s real estate broker has valued the property at $385,000. The City’s real estate broker put the property up for sale on July 19, 2021. Since then, the City has received two offers on the property. The first offer, submitted by H&H Northwest Companies, LLC, is for $375,000. The second offer, submitted by Lowell Investment Properties, LLC, is for $375,000. After the public hearing, the City Council may vote to accept one of the offers on the sale of the property.

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 submit oral or written comments at the public hearing on September 21, 2021.

Questions concerning the sale of the property may be directed to City Administrator, Jeremy Caudle at: (541) 937-2157.