Apr 13, 2018

Chaffee Redevelopment panel offers to buy back land


The Fort Chaffee Redevelopment Authority may buy back land it sold in 2011 after an April 13 vote by its real estate review committee.

The Fort Chaffee Redevelopment Authority may buy back land it sold in 2011 after a Thursday vote by its real estate review committee.

Lynn and Mary Marechka own the Enchanted Wedding Chapel at Chaffee Crossing and Fantasies at the Fort, a banquet hall. They had purchased four acres of land known as Constitution Park on Taylor Avenue with the intention of having outdoor weddings, but have not had many since purchasing it, Fort Chaffee Redevelopment Authority Executive Director Ivy Owen said.

 

The authority has offered to buy back the land for $60,000, having sold it for $50,000 back in 2011.

 

Read the full Times Record article here

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