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Valdosta council approves sale of 5 Points property to South Georgia Medical Center after tie-breaking vote
Summary
After recusals and a failed amendment to require a Mercer University guarantee, Valdosta city council approved the sale of roughly 22.15 acres known as ‘5 Points’ to South Georgia Medical Center; the final approval required a mayoral tie-breaking vote and included one abstention.
Valdosta's mayor and council voted to sell approximately 22.15 acres known as the "5 Points" property to the Hospital Authority of Valdosta-Lowndes County (South Georgia Medical Center) following a sequence of motions, a failed amendment and a mayoral tie-breaker.
City Manager Richard Hardy told council the hospital authority offered to purchase the site "for further expansion of its facilities as well as situating an affiliated medical school program in Valdosta." Hardy said the purchase agreement sets a per-acre price to be finalized by survey and described a 60-day due-diligence period for the buyer. In his presentation Hardy summarized prior agreements dating to Jan. 8, 2010, and…
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