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Spring Hill approves purchase agreements for future wastewater plant site and a leaseback to allow continued farming
Summary
The council authorized two purchase agreements for roughly 64.38 acres for a new wastewater treatment plant and approved a leaseback allowing the seller to farm a parcel through June 2026; the city will finalize acreage by survey and pay $10,500 per acre as negotiated.
The Spring Hill City Council on April 24 authorized the mayor to sign two real estate purchase agreements covering three parcels totaling approximately 64.38 acres for a future wastewater treatment plant and approved a leaseback so the current owner may continue farming one parcel through June 2026.
City staff said the acreage figure is preliminary and a final survey will determine exact totals. Staff reported the negotiated price is $10,500 per acre; using the estimated acreage the total purchase price was described as roughly $1.7…
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