By Sara Strong
The Luverne Economic Development Authority apartments have interested buyers for the second time this year.
The city went through an advertising process, called a request for proposal, six months ago and got no solid offers.
City Administrator Matt Hylen said he's sent out the information packet on the apartments as recently as three months ago and has gotten no offers on Evergreen and Mounds View Apartments.
At Tuesday's LEDA meeting, interested buyers Doug Eisma, Dan Vis, Paul Vis and Bill Vis asked the board to reconsider selling the apartments.
The board previously said it wouldn't sell the apartments for any less than the debt service still owed, which is now $1,320,000.
The LEDA will hold a public hearing if a sale is closer to taking place.
The apartments were built in the early 1990s when interest rates were higher, making it difficult for private parties to build. At that time, rental property availability was a high priority.
Earlier this year, when the sale of the apartments from public to private ownership was raised, tenants in the complexes spoke against the proposition, citing fears of rent increases and maintenance quality.
Eisma said at the meeting that he would try to hire the same maintenance managers and listen to tenant concerns before coming back to the LEDA.