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St. James EDA approves purchase agreement for PID 110240105; board discusses surveys and interim farm rent

St. James Economic Development Authority · June 9, 2026
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Summary

The St. James EDA approved a purchase agreement for parcel PID 110240105 after staff noted the county holds a survey for the north portion; the board discussed waiting for a developer versus collecting interim farm rent and the likely time needed to construct infrastructure.

The St. James Economic Development Authority voted June 9 to approve a purchase agreement for parcel PID 110240105 after staff presented the draft agreement and the owners reviewed it.

Brianna Sanders, Economic Development Director, said there was a question about which survey would be used to calculate lot size; she reported that county records include a survey for the north portion of the parcel. Board members discussed whether the EDA should seek an interested developer before completing the purchase and noted infrastructure construction could take considerable time. Sanders said the EDA could collect farm rent on the parcel during interim years if no developer is yet in place.

Travis Elg made the motion to approve the purchase agreement; Sue Craig seconded. The board approved the motion 5-0.

The minutes do not identify the tract buyer, list specific survey references, or record any condition tying the approval to a specific developer or infrastructure schedule.