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Pulaski County opens 90-day offering period for industrial-park tract; no bids at opening
Summary
County officials opened a statutorily required 90-day offering period for a parcel in the industrial park but heard no bids at the opening; officials described parcel sizes, past sale prices and next steps if the prospect proceeds or if the county seeks to lower the asking price after the 90-day window.
Pulaski County officials on Monday began a statutorily required 90-day offering period for a parcel in the county industrial park, the meeting chair said, and no bids were submitted at the opening.
The chair told attendees the process means the county must hold the advertised price during the 90 days. “Now today starts a 90 day period,” the chair said. “And during this 90 day period, we can only continue to sell offer the land for lease or sale at the advertised cost. After the 90 day period, the county can lease or sell the land at any price that we and the any potential buyer negotiate.”
Why it matters: county officials said moving…
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