City of Owatonna Economic Development Authority Meeting Agenda Packet May 2026
City and Alexander Lumber Complete Land Swap Deal
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Description
The City of Owatonna executed a land swap agreement with Alexander Lumber, exchanging two City-owned East Fremont Street lots for a Rose Street parcel to support redevelopment plans. City Council approval has been obtained and the land swap has closed.
Contract Details
Vendor
ALEXANDER LUMBER
Agency
Town of Owatonna, MN
Contract Type
FACILITIES
Document Date
May 18, 2026
Renewal Info
Single land-swap transaction approved by City Council and closed; no ongoing renewal provisions noted.
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