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Committee approves sale authorization of surplus Conway parcels

Long Range Capital Planning & Utilization Committee · November 12, 2024
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Summary

The committee approved a department request to authorize sale of surplus state parcels in Conway; staff said previously acquired properties would be offered first to prior owners and that about $28—29 million has been repaid to Federal Highway with remaining parcels to be marketed.

Mister Smith told the Long Range Capital Planning & Utilization Committee that the Department seeks authorization to sell several state-owned parcels in the Town of Conway under the applicable state disposal authority. He said staff will contact the people the properties were acquired from to determine whether they have interest in repurchasing the parcels.

The…

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