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Amite River Basin Commission authorizes staff to negotiate property purchase, subject to appraisal and environmental review
Summary
The commission approved a resolution allowing the president or executive director to execute a purchase agreement after legal and state review; staff described a stepwise due-diligence process including a proposed 120-day investigation period and a Phase I environmental assessment.
The Amite River Basin Commission on June 10 authorized commission leadership to execute a purchase agreement for a parcel the commission is considering, contingent on Division review, appraisal limits and environmental due diligence.
Legal counsel summarized the process the commission must follow under state requirements, saying the commission proposed a purchase price of $700,000 or the appraised value (whichever applies) but reiterated the commission cannot pay in excess of the appraised value. Counsel said the proposed agreement includes a 120-day…
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