Business park deal falls through
EDGERTON--Although it doesn’t appear that the city officially killed the deal, sources say there’s no way the city will move forward with a land purchase that would have added 50 acres to the north side business park.
The city council in August had agreed to an initial purchase price of $800,000 for the lot at Lake Drive and Goede Road, which is owned by William and David Kienbaum, according to city officials.
But city council member Ron Webb said that deal fell apart late last month after a land survey by the Wisconsin Department of Natural Resources showed a six-acre portion of the parcel is designated wetlands and cannot be developed for industrial use.
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