The City of Mayville Common Council approved a project proposal for land brokerage services from American Commerical Real Estate at its meeting on Monday, May 12. Adam Williquette, president and managing broker, attended the meeting to briefly go over the proposal for River Knoll Industrial Park. The asking price is $45,000 per acre, but Williquette stated, “With the land being owned by the City and in a TIF district, you could potentially give it away depending on what kind of increments or project would come forward. So in that case, we base commission off of asking price - a flat fee of $4,500 an acre.”
Council Matters
• The Council also heard a presentation from John Rader of Baker Tilly on the 2024 annual audit. Rader stated, “This is mostly a good report this year,” and concluded that the financial condition of the City is improving.
• Four resolutions declaring official intent to reimburse expenditures from proceeds of borrowing were approved by the Council. Stephanie Justman, City Administrator, explained these resolutions come up “when paying for a project before you have the money in hand.” Resolution 5989-2025 is for the Grove Street Project, Clean Water Fund Loan, not expected to exceed $246,013. Resolution 5990-2025 is for the Grove Street Project, Safe Drinking Water Fund Loan, not expected to exceed $319,701. Resolution 5991-2025 is for the Muzzy and Allen Streets Project, Clean Water Fund Loan, not expected to exceed $369.055. Last, Resolution 5992-2025 is for the Muzzy and Allen Streets Project, Safe Drinking Water Fund Loan, not expected to exceed $576,942.
• During the Administrator’s monthly report, Justmann shared the City received the IRS penalty for 2021 for $22,953. This is in addition to the 2022 penalty received in January in the amount of $20,240. She also notified the council that milling and paving is expected to start on June 16.
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