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Kent County sells downtown property
Kent County commissioners agreed last week to sell the county’s Materials Recycling Facility at 322 Bartlett St. SW, just east of Market Avenue.
The Interurban Transit Partnership will buy the property from the county’s Department of Public Works for $960,000. ITP, the county’s public transit firm, owns land adjacent to the site. DPW bought the property in 1990 for $1.3 million.
Commissioner Art Tanis, who also chairs the DPW board of directors, said revenue from the sale will go toward construction of the county’s new recycling center that will be built at 977 Wealthy St. SW. When the bond market recovers a bit more, he said DPW would likely issue a package later this year to pay for the bulk of the project. Until then, the department will fund the work.
Tanis said a groundbreaking ceremony for the $12 million project will be held in July.
ITP will lease the Bartlett site to the county for $1 a month through September 30, 2010, to allow DPW to continue it recycling operation until the new facility opens.