Dakota County buys out Goodhue's stake in Byllesby Dam for $1
The Goodhue County Board moved Thursday to sell its 40 percent stake in the Byllesby Dam to Dakota County. Their asking price: one dollar.
The county is virtually giving its share away to avoid paying for substantial safety upgrades ordered by federal officials. Those could have cost the county millions of dollars over the next few years.
"I think we're dodging a real bullet here," Commissioner Ron Allen said during the board's meeting at the county fairgrounds.