Monona Council accepts revised proposal for lot purchase

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By Audrey Posten, North Iowa Times Editor

At a special meeting Dec. 28, the Monona Council accepted a revised purchase and sale agreement for part of lot two in the Monona Commercial Park for the construction of a new office for Family Dentistry Associates of Monona.

Rather than purchase the entire 2.14-acre lot, located between Fisk’s Farm and Home and the Monona Family Aquatic Center, as originally anticipated, Dr. Mark Fohey said he would like to purchase a portion of the lot. Deemed parcel A, the portion is 1.42 acres. 

Fohey agreed to pay $20,000 for parcel A and stated he would like a “first right to purchase” for parcel B, the remainder of the lot. That means, if the city ever receives an offer to purchase that portion, Fohey has the first opportunity to secure it, at a cost of $10,000.

The property will be eligible for the 10-year tax abatement program through the city’s urban revitalization exemption.

Fohey said the new location will allow for more space for both parking and treatment rooms. He plans to sell the current dental office, located on Franklin Street.

The council cannot take final action on the matter until after a public hearing is held. One was scheduled for Monday, Jan. 18, at 6 p.m., as part of the council’s second regular meeting of the month.

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