The Jennings County Commissioners voted to approve a purchase agreement and to authorize two appraisers for the acquisition of the property at 237 Morris Avenue, discussed as a possible site to support the county health department or to expand parking.
County staff explained the purchase agreement sets the total purchase price at $45,000 but that state law requires county council approval of funding and a requirement that the purchase price not exceed the average of two appraisals or $45,000, whichever is less. “There is language in this agreement that states… it is subject to county council approval of the funding, and that the purchase price may not be greater than the average of the two appraisals,” a county attorney/staff member told the board.
The board approved the purchase agreement by motion and unanimously authorized a resolution to proceed with the acquisition that directs the county attorney to appoint two licensed appraisers to value the property. Commissioners discussed timing: staff estimated closing would likely occur up to 90 days after appraisals and council approval, though it could be quicker depending on the appraisal turnaround and council schedule.
No final funding appropriation was made at the meeting; commissioners noted county council must approve the funding source before closing.