News

Spencer Property Purchase

Spencer Property Purchase

Spencer, IA (KICD)–The city of Spencer is moving forward on a proposal to buy 45 acres of property on the south end of town that was recently purchased as a part of the Holiday Inn Express project.

City Manager Bob Fagen tells KICD News this opportunity came about as only 15 acres is needed for the hotel.

Spencer Municipal Utilities and the City of Spencer would split the cost of acquisition and installation of infrastructure which is expected to come in below $1.5 million in total.

This land is located to the south of Bomgaars.

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