The New Ulm City Council narrowly approved the sale of the property at 1200 Water St. to Cala Contemporary Woodwork (CCW) for $1 following a public hearing Tuesday. The city had approved the property sale on July 7 by a 4-1 vote, with councilor Lisa Fischer voting against. According to the most recent county assessor’s report, the property was valued at $174,400 but several city council members believe the value was lower. CCW intends to use the property to operate a portable outdoor sawmill to manufacture furniture and woodwork products. City Manager Chris Dalton said this property has been vacant for a long time and in the staff’s opinion has a negative value. Estimates for demolishing the building were $135,000. The building is also in a floodplain, which raises the insurance rates. Schultz made a motion to sell the property at 1200 Water St. for $1. Schmitz seconded the motion. The motion passed by a 3-1 vote with Mack voting against. Councilor Lisa Fischer was absent.