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Land Resources / News / West Virginia

Lands Value Above Price

Source: The Intelligencer Wheeling News Register, by IAN HICKS
October 01, 2010
An independent appraisal of a 41.5-acre tract in Weirton that is the planned site of a new, state-of-the-art elementary school values the property at $1.35 million.

That's $150,000 more than the agreed-upon sale price of $1.2 million, or about $28,800 per acre. The land purchase is contingent upon passage of a $37 million bond levy on the ballot for the Nov. 2 general election, according to Hancock County Schools Superintendent Suzan Smith.

Read the complete article from The Intelligencer Wheeling News Register »

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