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Resident questions terms of MBC/EDC letter of intent for ‘goat property’ sale
Summary
A longtime Heath resident criticized the sale process for a property under contract to the Municipal Benefits Corporation/Economic Development Corporation and described alternative purchase offers; the board confirmed a letter of intent and said a purchase contract was provided but not executed
A Heath resident criticized the handling of offers for a property the Heath Municipal Benefits Corporation (MBC) and Heath Economic Development Corporation (EDC) have under contract, and the board confirmed it had entered a letter of intent for the purchase.
Sue Ellen Compton, who identified herself as a longtime property owner across the street from the parcel, told the board she had been offered alternative buyer terms and said she was uncomfortable with how buyer financing…
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