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Penobscot County OKs $40,000 second option payment for Amel Industrial Park parcel
Summary
Commissioners approved the county’s second nonrefundable option payment for a parcel at Amel Industrial Park, preserving the purchase option ahead of a June bond vote and future permit-dependent payments.
Penobscot County commissioners voted Oct. 29 to authorize the second nonrefundable option payment tied to a county purchase at Amel Industrial Park.
Mr. Hughes, who described the contract to the commission, said the county fully executed the purchase contract May 6 and made an initial nonrefundable option payment of $20,000. He told the board that a second option payment of $40,000 is due Nov. 1 and a third $40,000…
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