COKATO, MN During a special meeting July 30, the Cokato City Council agreed to move forward with a downtown property sale and development plans.
The requests to purchase property, site plan approvals, and development agreements are scheduled to be approved by the council during its August meeting, rescheduled to Monday, Aug. 17 due to the Cokato Corn Carnival.
The requests are from Bohnsack Family Dentistry and Navigator Financial.
Bohnsack Family Dentistry is planning to build a new 3,200-square-foot building on the southeast corner of Millard Avenue and Third Street West.
The building will be built adjacent to the building currently occupied by Bohnsack Family Dentistry, with a courtyard in between the two buildings.
“I hope I’m doing a good thing for Cokato,” said Andrew Bohnsack, owner of Bohnsack Family Dentistry, about the project.
He noted there was a lot of land that could have been purchased to build new along US Highway 12 in Cokato, but he thought it was important to help maintain the vitality of downtown Cokato.
He added that the project will be a big one, and may bring additional tax revenue to the city.
Navigator Financial is expanding the building it currently occupies, adding additional office space to the rear of the building.
Both plans require the developers to purchase a portion of the current public parking lot adjacent to the current buildings, from the city of Cokato.
Bohnsack and the council agreed $19,000 would be a fair amount for the property he needs to purchase from the city to allow the plan to move forward.
The council and Navigator Financial, which will be purchasing a significantly smaller parcel of land, agreed $3,500 would be a fair price for this purchase.
Cokato City Council Member Butch Amundsen noted he was on the council when the city acted to obtain the property, upon which the former Coast to Coast Hardware Store sat.
The old building was blighted, torn down, and a parking lot was built. However, it was always the city’s intention to allow new development to occur on the property in the future.
“I’m glad to see it revert back to the service industry for you two,” Amundsen said of the land property purchase.