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Costco Joins in Local Lawsuit

12/04/2018 - 11:00 AM

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Costco Joins in Local Lawsuit

ST. CLOUD, Minn. (AP) - Costco Wholesale wants to intervene in a lawsuit against the City of St. Cloud.

The group, Citizens for Government Accountability, is suing the city claiming its sale of Heritage Park to Costco is a violation of state law because it was sold for less than what they say is a fair market value. Costco bought about 19 acres in Heritage Park for $3.5 million last July.

The group claims the land is worth at least $6 million. Costco, in court documents, says it wants to join the lawsuit because the plaintiffs are suing only the city, even though they knew Costco and the city had signed a purchase agreement.

Stearns County Judge Shan Wang heard arguments Monday on Costco's motion to intervene and has 90 days rule on it.

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