Old Town Property Sale Progresses

Summary


OLD TOWN - The process continues to move forward as the city prepares to sell an industrial building and site on Penny Road across from the Georgia-Pacific paper mill.

After accepting a bid on the property earlier this month, city officials have been working the last couple of weeks to iron out details. The council accepted Thursday several exceptions to the original bid as requested by the potential buyers, and City Manager Peggy Daigle said she would like to close on the deal in the next couple of weeks but no later than Nov. 18.

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Extract


Old Town Property Sale Progresses

The city acquired the Penny Road property from Georgia-Pacific Corp. earlier this year and plans to divide and sell it.

Don O'Halloran a...

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