Former RockTenn Otsego Mill Site to be Auctioned Later this Month
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Allegan County, Michigan, reportedly will attempt to auction off the former RockTenn mill in Otsego later this summer, now that the city of Otsego and the state of Michigan have declined to buy the property, according to a report this week in the Kalamazoo Gazette. The property, which includes three parcels totaling 50.1 acres, will be listed on the eBay website later this month or early August.
Allegan and Ottawa counties will try selling their unsold properties in foreclosure, including the former RockTenn site, in a single auction on August 13 at the Ottawa County Administrative Building, 12220 Fillmore St., in Olive Township. Registration for the auction is set for 9 a.m. and the auction will be held at 10 a.m.
Bidding on the former mill site will start at $250,800, which includes $248,278 that the site's previous owner, Cogswell Property LLC, owed the county in overdue taxes for 2006-10 and the amount that the county spent on the property. If no one buys the property at the event, a second auction will be held at 10 a.m. September 24 at the Comfort Inn at 622 Allegan St., in Plainwell, Mich. There will be no minimum bid at the second auction.
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