The Newberg City Council on Dec. 1 adopted Resolution 2025-4003 approving sale of the Butler property (identified as 411 East 1st Street) to Heated Candle LLC for $341,250.
City Attorney James Walker summarized the process: the council previously declared the property surplus in 2024 and approved a letter of intent earlier this year. The purchase-and-sale agreement before the council conveyed fee title for the stated purchase price and provided a 30-day due-diligence window for the purchaser; closing would occur about 10 days after the due-diligence period, placing a potential closing roughly 40 days after council approval.
City Manager Will said staff recommends the sale and that the proceeds would be applied toward the city’s debt-reduction plan, noting the revenue from the sale would materially help reduce outstanding debt. "This would add over $340,000 towards that intent and it would get us there just in time," he said.
Council moved, seconded and adopted the resolution by roll-call vote; each council member present recorded a "Yes." No public speakers opposed the sale during the public-hearing period on that item.
Next steps: Upon execution of the purchase agreement the buyer enters the due-diligence period and staff will complete required closing steps if due diligence is satisfied. Funds are planned to be used for debt retirement as outlined in staff materials.