(KLZA)-- During the quarterly report to the  Falls City Council Monday night,  Falls City Economic Development and Growth Enterprise Executive Director Beckie Cromer reported the economic development organization has been working for several months to acquire land on the north edge of Falls City.  

EDGE signed a purchase agreement for 17.9 acres of commercially zoned highway property in December. A $150-thousand down  payment was required. The hope is to complete the purchase by March 1. 

Cromer calls it an important step in future growth for Falls City. 

With the property located adjacent to  Highway 73,  it will require a traffic study for future access to the site.The traffic study will cost $8-thousand.  Three companies submitted bids for the study with the contract awarded to the low bidder, Felsburg, Holt and Ullevig.  

Community Medical Center in Falls City is partnering with EDGE for the cost of the study.