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Caldwell County approves purchase of Lower Cedar Valley property for industrial development
Summary
The Board of Commissioners approved using sales tax reinvestment funds to buy 15.562 acres on Lower Cedar Valley Road for an industrial park; the negotiated price is $525,000 and the county requested $545,000 to cover acquisition and due diligence costs.
The Caldwell County Board of Commissioners voted unanimously to purchase 15.562 surveyed acres on Lower Cedar Valley Road for economic development, approving a staff request to use county sales tax reinvestment funds to acquire the site.
Economic Development Director Ashley Bollick told the board the negotiated purchase price for the property is $525,000 and that the county is requesting $545,000 to cover acquisition, due diligence (including soil…
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