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AEDC board approves sale of 46.92 acres to Texas Coble Ltd. at $4,700 an acre
The board unanimously approved selling 46.92 acres to Texas Coble Ltd. for $4,700 per acre plus closing costs. The minutes say the land adjoins property previously sold to the company, where it built Good Dog Pet Ranch, and that the price is comparable to other property in the area.[1]
Kevin CarterBrian HeinrichLaura StreetAmarillo Economic Development Corporation (AEDC)
What the sources say
- ✓ Verified
Director Heinrich moved and Director Street seconded the sale of 46.92 acres to Texas Coble Ltd. at $4,700 per acre plus related closing costs; it was approved unanimously. Arithmetic: 46.92 acres at $4,700 is $220,524 before closing costs. The minutes do not give the land's location.[1]
- Acres
- 46.92
- Price per acre
- $4,700
