Geary County's Land Sale Draws Scant Interest

By: AP (Posted by Josh Mabry)
By: AP (Posted by Josh Mabry)

JUNCTION CITY, Kan. (AP) _ Geary County is having trouble unloading housing lots that were partially developed in expectation of a population boom from the return of the Army's 1st Infantry Division to Fort Riley.

Developers abandoned the lots when the boom failed to materialize, and hundreds of sites are now in tax delinquency.

The Daily Union in Junction City reports (http://bit.ly/193geeU ) a recent tax sale of 280 lots ended with just 24 sold, for a total of about $2,300.

Some lots already have streets, water and other infrastructure. But many potential buyers were put off by special assessments of up to $2,000 a year on each parcel for 15 years.

For now, the county remains in the realty business, when what officials really want is to get the properties back on the tax rolls.
___
Information from: The (Junction City, Kan.) Daily Union, http://www.dailyu.com


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
631 SW Commerce Pl. Topeka, Kansas 66615 phone: 785-272-6397 fax: 785-272-1363 email: feedback@wibw.com
Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 222079781 - wibw.com/a?a=222079781
Gray Television, Inc.