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Creation Date
1966
Description
The acquisition of land for the 30-acre Jonesville Urban Renewal Area has been completed at a purchase cost of $674,446, according to an urban renewal report submitted Monday night to General Council
Alderman Ray Buckberry chairman of the General Council Urban Renewal Committee, told other council members the fact that acquisition was compleed without condemnation jury trials reflects the honesty and fairness of the Urban Renewal Commission in this project.
The report, prepared by Arch Daniel, executive director, said the acquisitions have been completed within the framework of the budgeted funds approved by General Council.
The actual expenditures were $63,278 below the $737,724 budgeted for land purchases.
Negotiations for the final parcels of land contained in the renewal area were completed Saturday, according to Daniel. The parcels included about 1.5 acres occupied by the Edgehill Shopping Center.
About 23 acres of land in the area has been conveyed to Western Kentucky State University for a price of $163,390, according to the report, and the total received from Western will rise to $191,750 when final conveyance to the university is completed.
The area will be the site of a Western athletic complex.
The report said proceeds from the sale of land along with non-cash credis available will allow the project to be closed out without cost to the city.
The report said that a total of 36 families living in the area were relocated to private and municipal housing and that eight individuals were relocated to either private or municipal housing.
Three families and one individual living within the area have moved out of state and there are one family and 10 businesses remaining to be relocated, according to the report.
Keywords
Western Kentucky University, Jonesville