LINCOLN -- The Lincoln City Council on Thursday met to accept the transfer of property at the city’s industrial park from the Industrial Development Board.
The move was made in hopes of locating potential industry at the site.
The Industrial Development Board, which owned 20 acres at the park, transferred that property to the city.
The Economic Development Authority (EDA) was leasing the property, but the council voted to cancel that lease on Thursday. The EDA continues to own the speculative building that sits on the property.
Thursday’s meeting took care of the legal steps necessary to sell the property and the building to any future industry.
“We are just taking the required and necessary steps to progress with future and anticipated buyers,” Lincoln Mayor Lew Watson said.
Councilman Joey Callahan was absent from Thursday’s meeting.
The next City Council meeting will be Tuesday, Feb. 13, at 6 p.m. at City Hall.