Minto council has approved the fourth sale of municipally-owned industrial land in the past two months.
At the Oct. 1 meeting, council passed a bylaw authorizing the sale of a one-acre parcel in the Palmerston Industrial Park to a numbered Ontario company for $15,000.
A report from CAO Bill White notes the agreement requires the purchaser build a building of a minimum of 2,200 square feet, although he noted he anticipates a larger structure may be constructed.
The staff report indicates the land will be used “for automotive repair and related office, warehouse and outside self-storage locker rental.”
Discussion on the staff report and bylaw were conducted with deputy mayor Terry Fisk in the chair, as Mayor George Bridge declared a conflict of interest on the matter.
White told the Advertiser the mayor declared a conflict because he knows the people involved with the numbered company purchasing the land.
The town has now completed four of five municipal industrial land sales listed as pending in economic development committee reports last spring. White said the fifth anticipated land sale is expected to close in November.
The two sales at the Harriston Industrial Park have left that facility with only one serviced lot available.
At the Sept. 11 economic development committee meeting, White noted an environmental assessment to expand the Harriston location by up to 66 acres is set to begin shortly.
