A public hearing will be held during the New Ulm City Council meeting Today, to consider the sale of a property at 1200 Water Street to Cala Contemporary Woodwork (CCW). On July 7, the city council held closed sessions to consider an offer from CCW to purchase the city-owned property for $1. CCW intends to use the property to operate a portable outdoor sawmill to manufacture furniture and woodwork products. The building would allow CCW to increase employment and business activities. The building is currently used for storage by the PUC. The $1 offer was accepted by the council by a 4-1 vote, with councilor Lisa Fischer voting against. Fischer expressed concerns with sale price versus the land value. She also had concerns the property was not advertised as being for sale, preventing others from making an offer. The public hearing is required by state statute since the difference in value between the sale price and the assessor’s value exceeds $150,000.