City council sells land to help houseboat factories
November 2010
News
Melodie Phelps, News Editor - CNHI
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