City council sells land to help houseboat factories

Published online: Nov 10, 2010 News Melodie Phelps, News Editor - CNHI
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Monticello City Council met Monday evening and agreed to sell a  piece of property to Kentucky Highlands as the next step in the project that could mean new manufacturing prospects for struggling houseboat factories.

The property will be used as the location for one of the three  energy-efficient modular homes that will be manufactured at Stardust Cruisers in Monticello. Tom Manning-Beavin, who is the Director of  Housing for Kentucky Highlands, addressed the council Monday night regarding this project, which he said could help bring employment  back to the houseboat manufacturing sector.

The council met in executive session to discuss the possible sell of  real estate and upon returning to open session agreed to sale a narrow strip of property at the corner of Rankin Street and Ridgewood  Avenue to Kentucky Highlands at a cost of $3,500.

The property is currently being used by the Monticello Utility Commission to store pipe.

Mayor Kenneth Catron noted that this will be the location for the first modular home, which can be built as soon as financing becomes available.

Read more at
http://wcoutlook.com/local/x2127018197/City-Council-members-agree-to-sell-property-to-Kentucky-Highlands

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