City asked to consider buying Murray Farm

Friday, March 7, 2008

Lewisburg's City Council on Tuesday is scheduled to continue discussions about the purchase of the old Murray horse farm that adjoins Rock Creek Park.

Marshall County-based Realtor Jim Rickman of David Jent Realty and Auction approached City Manager Eddie Fuller about a week ago to discuss the 48 acres owned by Roger Ritch, according to Fuller and Rickman.

Fuller brought Mayor Bob Phillips into the discussion on whether the city should buy the property and it's now to be a subject for the council's public deliberations at 6 p.m. Tuesday in City Hall.

A recent price in the discussion for the land is about $525,000, Fuller said. That would make the land cost almost $11,000 per acre.

"I'm trying to give the city a better deal than what I would someone else," Ritch said Wednesday. "I think the city would benefit most from it. It could be good for numerous things."

See Friday's Tribune for the complete story.