Property Purchase To Help Reclaim Flood Water

Garcia deal part of $3 million project

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The town may finally move forward on the Garcia property purchase.

The Payson Town Council has a special meeting tonight (Tuesday) at 6 p.m. to again discuss the purchase of the 12-acre site.

The acquisition of the humane society property also is on the agenda.

The council will talk about obligating a portion of future sales tax to pay for the loan needed to make the purchases and finance several other projects.

The loan sought by the town is for $3 million, to be paid back over a period of 15 years.

The cost of the Garcia property is $660,000; the humane society land is $210,000. Together, portions of the sites will be used to construct a drainage system for the recovery of runoff to benefit the town water supply, according to information presented at the Oct. 8 special meeting on the same subject.

The other projects under consideration for financing through the loan are: a public works maintenance building; a hangar project at the airport; and possibly a cover for the Payson Event Center.

The public works building is estimated to cost $600,000; the hangar project, $385,000; and the event center cover has an estimated cost of $610,000.

While these projects will be discussed, the agenda only calls for actual action regarding the purchase of the Garcia and humane society properties.

For more information, call the town hall at 474-5242.

The meeting will be in the council chambers at the town hall, 303 N. Beeline Highway.

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