Under reviewOther
Sale of Lot One (1), North "Y" Gateway First Addition
Description
The council proposed selling this city-owned gateway lot to Kelley Investments, LLC for $75,390 with a $200,000 minimum assessment agreement and a two-year build requirement. The required public hearing is set for November 2, 2026.
Impact summary
The vacant lot should see commercial construction within two years, adding to Spencer's tax base and gateway corridor development.
Applicant
- Name
- Kelley Investments, LLC
- Address
- Lot One (1) of North "Y" Gateway First Addition, City of Spencer, Clay County, Iowa
At a glance
- Hearings
- 1
- Public comments
- 0
- Total mentions
- 1
Recorded in the meeting
Approved5–0, unanimous
Discussed at 1 meeting in the last 60 days; most recently Oct 26, 2026.
Meeting timeline (1)
Related issues (1)
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