Madison County’s Industrial Development and Building Authority approved the sale of 20 acres at $4,500 an acre to CodEast LLC and developer Adam Swann at Mill Creek Drive off Hwy. 72 in Hull.
The IDA approved a contract for the sale at its April 17 meeting. The property is zoned R-1 and the funds for the sale will go into the IDA reserves.
“The exact acreage depends on the completion of the survey, and the IDA board has to approve the final boundary survey which is still being done,” said IDA attorney Victor Johnson.
In other matters, authority members heard about plans by a mobile home park owner at Willis Glenn Road off Hwy. 106 to cover the cost of a water line extension to the mobile home park, which includes over 47 or 48 units. The mobile homes will no longer be on well water.
Likewise, the authority briefly discussed plans by Swann to run a six-inch waterline — at his expense — from Hwy. 72 to his planned subdivision on about 81.59 acres on McCannon Morris Road.
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Updated: OPINION: The Great Dislocation
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