Walbridge is considering offering land to a company based in the United Kingdom for future economic development.
Village council gave a first reading on Wednesday to an ordinance offering land west of East Broadway and north of Walbridge Road in Lake Township to ZincOx Resources Plc.
The village has the option to buy up to 48 acres from the township and would sell it at the same price $15,000 an acre to ZincOx.
The company is considering building a plant to recycle ash waste, and is looking at several other local sites. If the ordinance passes, the company would have 180 days to buy the land.