Assembly determines price for tidelands sale to Wikan Enterprises
November 30, 2023
On Nov. 20, the Petersburg Borough Assembly approved the sale of borough-owned tidelands to Wikan Enterprises, Inc. at the price of $112,564.
The price tag includes the appraised value of the property, the cost of the appraisal, and two years worth of the remaining lease agreement.
Wikan Enterprises is a well established business of almost 30 years as a marine repair shop that specializes in diesel engines.
Sheri and John Wikan applied to purchase the property located at 103A Dock Street, which they have leased for the duration of their operation and where they built their building and thei...