Fueled by public concerns and a nominal property offer by the developer, the Humboldt City Council agreed not to move forward with the sale of a portion of the lot at 613 Sumner Ave.
The action came at the council’s regular bi-monthly meeting Monday at the Humboldt City Hall.
Local real estate developer Kevin Skow had proposed development of a four-unit apartment complex on the north half of the lot where the Downtown Plaza and Lady of Mist statue now stand. The development would not impact the southern plaza area of the property.
The council held a public hearing on the sale of the north half of the lot at 613 Sumner Ave. Skow offered $1. He said his intent was to build a four-plex apartment building with four garages all on one level with an option to sell the apartments individually if people were interested in owning instead of renting. He estimated the cost of the project to be $300,000.
Council members said public opinion was either against locating the complex downtown, or receiving a price closer to fair market value.
Council member Dan Scholl said he spoke to the Humboldt County Assessor and reported fair market value to be between $9,000-$12,000 for the commercial lot.
Skow said he was negotiable on the design and price of the building, but if the community didn't want it, he would withdraw his proposal.
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