November 25, 2020

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Genesee County nets $600K from sale of its past piece of Lake Huron property

2 min read

GENESEE COUNTY, MI — The county has agreed to sell it’s last remaining parcel of residence in close proximity to Lake Huron, netting $600,000 from the land that remained after design of a Lake Huron consumption for the Karegnondi Water Authority pipeline.

The county Board of Commissioners agreed Wednesday, Oct. 28, to sell approximately 195 acres west of M-25 in southern Sanilac County in the deal. The offer is $25,000 much less than the assets had been listed for.

Other pieces of the land experienced been bought formerly, bringing back again a overall of far more than $1.5 million of the $2.7 million the county paid for the 240 acres at a general public auction virtually 20 yrs ago.

“The entire system has long gone a whole lot far better and smoother than what I was anticipating,” mentioned board Chairman Martin Cousineau, D-Thetford Twp. ” We have been equipped to get much more than we had been inquiring for one of the a lot since (of) a bidding war.”

Due to the fact the 195-acre plot was undeveloped and did not have lake access, Cousineau mentioned he anticipated the county would be remaining keeping the residence for quite a few yrs.

Positioned in an place involving Port Huron and Lexington, the land was element of the 240 acres that was initial obtained to construct the KWA h2o pipeline ingestion and pumping station to acquire uncooked drinking water to a therapy plant that was created in Lapeer County.

Ten acres of the assets was sold for a township park and 40 a lot more acres ended up sold to the Business of Genesee County Drain Commissioner Jeff Wright for $440,000. Two other parcels — described in a genuine estate brochure as fantastic dream house web pages with scenic woods, grassy meadows and key lake access — have been also offered beforehand.

Far more on MLive:

With spending budget difficulties looming, Genesee County seems to sell Lake Huron property

Genesee County rejects very first provide on Lake Huron residence

Flint people sue bond underwriters, claim they aided create city’s water crisis

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