The Tipton City Board of Works approved an offering packet for a 12.38‑acre parcel advertised at $201,000 and added an explicit addendum listing uses prohibited by the overlay zoning district.

The action came during a public meeting where board members discussed appraisals, timing for opening bids and next steps for an additional parcel. Board member 2, a member of the Tipton City Board of Works, said the packet “meets the other qualifications” and noted the packet lists the advertised price based on two appraisals. Board member 3, a member of the board, recommended attaching a page that “said things that are prohibited” so prospective bidders would immediately know restrictions from the overlay district.

The packet covers what a board member described as the statutory requirements for a public offering and lists two appraisals that produced the advertised price of $201,000 for the 12.38 acres directly west of property on Market Road. Board members discussed opening bids at the next meeting if any are received and the potential to negotiate an economic development agreement after a statutory waiting period. Board member 2 said that, per counsel, a 2‑to‑4 week window is typical for such public offering timelines and questioned whether a September 12 deadline provided enough time; the transcript records a reference to “30 days after September 17” as a possible milestone for follow-up negotiation.

On the zoning addendum, board members agreed to include a short list of prohibited uses drawn from the overlay district so bidders would not pursue projects precluded by local zoning. Board member 2 moved to approve the offering packet with the addendum listing prohibited uses; Board member 1 seconded the motion. The motion carried on a voice vote; board members recorded “Aye” and no opposing voice was recorded.

Earlier in the meeting the board approved the minutes by voice vote.

Board members also discussed next steps on a second parcel referred to in the meeting as “6 25.” The board said it will obtain two appraisals to set an advertised price for that parcel; one member said their office will arrange those appraisals. Members also raised site considerations for the first parcel, including whether it is impacted by the floodplain and whether an occupancy permit or other planning issues affect nearby properties on Second Street. The group discussed whether to have Judy from the planning department attend a future meeting or to handle follow-up privately.

Votes at a glance: the board approved the minutes by voice vote and approved the offering packet for the 12.38‑acre parcel with an addendum of prohibited overlay zoning uses; both actions were recorded as passed by voice vote with no roll call tally provided in the transcript.

Next steps recorded in the meeting: the city will circulate the amended offering packet (members asked that the addendum be emailed when completed), accept bids at the next meeting if any are received, and secure two appraisals for the separate parcel referenced as “6 25.”