Jun
04

Spartanburg Utility Land Purchase Scrutinized

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Amid an ongoing dispute between the city of Spartanburg and the Commission of Public Works, Spartanburg Water’s purchase of 10 acres on the Pacolet River six years ago is being scrutinized — both for the way it was purchased and how much was paid.

In 2008, the Commission of Public Works acted on advice from its attorney and formed a limited liability company — Fingerville Properties LLC — to purchase the land on the Pacolet River for $800,000 — significantly more than the owner would have sold the property for the prior year. The land, with an old wastewater plant, wooden dam and abandoned mill, was an important acquisition to ensure long-term control of the water supply, Spartanburg Water General Manager Sue Schneider said last week. According to tax records, the property then had a tax value of $137,000.

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    Categories : Spartanburg

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