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property.
Chairman Pete Estes said, “We need a better assessment than we have. We don’t want to get in over our head.” He added that in two or three weeks the board would have a better idea about the costs for repairing the roof and floor. Whether or not they proceed depends on the cost of repairs and the sale price the Aileen Corporation bankruptcy committee is willing to settle on.
The county has surplus money in the bank that can be used to finance the settlement, said County Administrator John McCarthy. If a tenant is found for immediate occupancy, then that would help structure the deal, he added.
95.8%