City moves forward with Unilock property deal amid uncertainty

In a recent government meeting, Tonganoxie officials discussed the future of the Unilock property in the Tonganoxie Business Park, which has been a point of contention since the company became the first tenant in 2018. Unilock, which purchased approximately 34 acres for $10,000 per acre, initially planned to develop a manufacturing plant that would create jobs in the area. However, after several extensions, including allowances due to the COVID-19 pandemic, the company has not moved forward with its manufacturing plans.

City officials revealed that an appraisal conducted earlier this year valued the property at approximately $25,000 per acre. As part of a new agreement, Unilock would pay an additional $427,750, bringing their total investment to over $727,000. The city will retain a right of first refusal for ten years should Unilock decide to sell the property without developing the promised manufacturing plant.

While some council members expressed support for the agreement, citing Unilock's good reputation and partnership with the community, others voiced concerns. One council member stated they would vote against the proposal, arguing that the city had fulfilled its obligations and that the property could be better utilized by a company committed to job creation.

The council ultimately moved to approve the resolution, emphasizing the need for compromise in light of external factors affecting the development. The discussions highlighted the delicate balance between fostering business growth and ensuring community interests are met.