Assembly approves tidelands sale to Island Refrigeration for $360,000

 

April 18, 2024

Pilot Photo

The property to be sold to Island Refrigeration, LLC. In the background is the U.S. Coast Guard dock and to the right is access to Dock Street.

The Petersburg Borough Assembly approved the sale of a property on borough-owned tidelands to Island Refrigeration, LLC. at the price of $360,000, plus $5,171.76 in procedurally incurred expenses.

Island Refrigeration, owned by Brock Snider, is a young business that does marine refrigeration and electrical services for the Petersburg fleet.

The parcel is just under 30 thousand square-feet of vacant waterfront property located off Dock Street, behind Wikan Enterprises and the U.S. Coast Guard. It is currently used for storage and does not have a named address.

The property has an assessed value...



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