City reaches settlement with former property owner who had agreement to rehab homes for veterans - Albert Lea Tribune

City reaches settlement with former property owner who had agreement to rehab homes for veterans - Albert Lea Tribune

The city of Albert Lea last month reached a settlement with the former owner of two houses in Albert Lea who was unable to meet the terms of a development agreement with the city to renovate and turn them into veterans housing. Kevin Chapman purchased the properties at 604 Giles Place and 110 N. Second Ave. from the city in 2023 but has since sold them. The settlement called for Chapman to pay $12,000 for the house on Giles Place and $3,000 for …