No action taken on Lonnie Lindsey property

Published: Tuesday, October 2, 2012 at 22:08 PM.

“At this time, I think we just have to wait and see what he wants to do,” said board member Mike Alvis.

Alvis said he was told by Sellers that Panhandle Forestry had offered $1,000 in compensation to Sellers for damage to the property, and asked if the company shouldn’t pay the $1,000 to the commission.

Administrative assistant Elaine Mayfield said she had been contacted by the forestry company, who offered $1,500 for access through the land, but she had denied the offer since she did not have the authority to approve such action.

Commissioner Shirley Hawthorne suggested that in the future, the board require contracts be in writing before bringing the matter before the commission for approval, since there had not been a written contract for the $6,400 amount which was originally approved as the selling price by the commissioners.

In the case of the Interstate Industrial Building, Alvis told commissioners that the HCDC should be seeing a contract to purchase that property by Oct. 12 from Qualico Steel Company, a company owned by John Downs.

The commission had received a letter of intent to purchase from Qualico Steel, but the letter expired on Sept. 13. The new contract is expected to have some additional requirements, including exclusion from taxes and having a roadway paved by the HCDC, Alvis said.

The purchase price listed for the property on the letter of intent was $602,500 for the 9.34 acres and buildings. Commissioner Alvis also serves as Qualico Steel’s real estate broker on the purchase.



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