The City of Vermillion is excited to announce that the City was a successful bidder for one of three tracts of land from the Stanley Prentis Munger Family Trust that were auctioned on September 15. The City won the right to purchase what was labeled as Tract 3 for the auction. Tract 3 consists of 50 +/- acres of property that is bounded on the east by Stanford Street, on the north by South Dakota Highway 50, on the west by the Over Drive housing development, and on the south by Baylor Street. The property is bordered on West, South, and East sides by property that is already within city limits. The City anticipates that the acquisition of this property will provide numerous opportunities for the community to grow.
The City will be reviewing several options in accordance with the strategic plan for the property and will develop a master plan in a timely manner. Among options that may be considered in the master plan, the City anticipates considering portions of the property to be used for:
- A site for the new public safety center if the bond is approved by voters and the County Commission.
- As park ground and athletic fields to replace the over 7 acres of Barstow Park space that is now going to be used for the new elementary school that is under construction.
- Housing to meet the needs identified in the housing study completed earlier this year.
- Commercial lots.
Original source can be found here
Alerts Sign-up