Wednesday, February 16, 2011

Hospital trustees issue land purchase options

The next step in construction of the new Allen County Hospital is acquiring the land. Eight landowners received letters Friday proposing purchase options for 10 parcels of land on the site. Property owners will be paid 5 percent of the appraised value of their parcels if they agree to the purchase option. The balance of the appraised amount would be paid after hospital bonds are sold and the title is clear. Trustees have asked for decisions by noon on the 22nd. Altogether, about 17 acres are involved. Of that, 7.2 acres border the 1400 block of East Street and where the hospital likely will be constructed. The remaining nearly 10 acres are north of Monroe Street.

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