Bella Vista POA accepts city's offer to buy buildings

In a special meeting Thursday morning, the Bella Vista Property Owners Association voted to accept the city's offer to purchase three assocition-owned buildings housing the police and fire departments.

The buildings include Fire Station No. 1 at Town Center and the attached Police Department, Station No. 2 on Trafalgar Road near Metfield and Station No. 3 on Glasgow Road in the Highlands.

The city offered to purchase the buildings for $1.8 million in December, after a letter received from Tommy Bailey, the association's general manager, informed the mayor of an increase in the lease rate to more than $14,000 per month from the current $650 per month for all three buildings, effective Jan. 1, 2013.

The sale will require a vote of the membership, and if passed, could possibly close by June 1.

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