TGC Members Vote ‘FOR’ Land Purchase
Last November at the TGC final meeting of 2015, the members present voted to make an offer for the 60+ acres of land to the west, and to the south of our current property. The offer was for $128,064 or $2016.12 per acre. Over the month of December the amount was countered by the current owners to $135,000 or approximately $100 more per acre than our offer.
During our January 26, 2016 TGC meeting both sides were presented as to the reasons to purchase, and reasons not to purchase the land. A motion was made by a member to go ahead and purchase at their asking price, which was seconded and a vote was taken by the membership present. By a 51 – 9 vote it was decided to move forward with the purchase of the property.
Currently, the papers have been drawn up and are being reviewed by our attorney.
We will keep you updated as this process moves along.