At a Special Town Meeting yesterday evening, Town of Minocqua Electors authorized the Town to spend $300,000 to purchase the parking area situated between Flambeau Street and West Park Avenue (Lots 13, 14, 15 & 16 of Block 8), which will be coupled with donated funds in the same amount from the Goltra family to achieve the full purchase price of $600,000.
The property, once owned by Saint Patrick Catholic Church, is currently owned by the Campanile Center for the Arts. The property has tax-exempt status, so the purchase will not result in the loss of any tax revenue.
The vote to authorize the purchase was approved by a vote of 55-0. The Town expects to close on the property by the end of March.
Please see prior announcement HERE.
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