City of Neenah sells land, anticipates mild industrial improvement
Concern: Who erected the big, lighted U.S. flag on the land at the southwest corner of Oakridge and Tullar roadways in Neenah? Is it a indicator of some forthcoming development? Who owns that home?
Answer: The flagpole and landscaping were being done by Ogden Growth, which ordered the 37-acre house in April from the town of Neenah and is advertising and marketing it for design and style-make-lease preparations.
The land lies in the town’s advancement area, not the city.
“At this time, the town is not knowledgeable of a precise program for progress,” City Clerk-Treasurer Ellen Skerke claimed, “but the town does anticipate that the residence would create in the foreseeable future, possibly as industrial, light industrial or warehouse space.”
Ogden Improvement was founded in 1983 and is positioned close by at 1497 County O. My attempts to arrive at a enterprise spokesman were unsuccessful this week, but according to its website, Ogden Growth specializes in leasing light industrial and warehouse structures all through the Fox Cities. “We lease buildings to Fortune 500 firms and more compact firms alike,” the web page suggests.
Associated: Neenah, town of Neenah Neenah transfer jurisdiction of electricity plant
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The assets at Oakridge and Tullar has an attention-grabbing background. It was owned by Judy Grimes until finally 1999, when the town bought it and other land west of Oak Hill Cemetery to reduce the city of Neenah from annexing the electrical power plant on County CB.
The shrewd move secured a sizeable income stream from the plant and caught town officers by surprise. Four several years afterwards, the town and the town signed a border arrangement that continues to be in outcome today.
Ironically, the city agreed to attach the electricity plant to the metropolis earlier this yr to avoid it from getting annexed by the village of Fox Crossing. As the key assistance supplier, the town will obtain additional than $500,000 in annual income from the plant, but as section of the offer, it will give half of the once-a-year sum to the city. Which is the similar amount of money the city was receiving right before the transaction.
Skerke stated town paid $312,000 for the 37-acre residence in 1999. It bought the residence to Ogden Improvement for $734,400. The land is zoned for agricultural use.
Watchdog Q&A
Publish-Crescent reporter Duke Behnke responses your inquiries about area government. Send inquiries to [email protected] or contact him at 920-993-7176.
