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Girard officials reviewing options for lake property | News, Sports, Jobs

GIRARD As the city tries to sell the upper Girard Lake property, city Engineer Dennis Meek recommended it may be best for the city to retain ownership of the dam which needs repairs and sell the surrounding lake land separately. City council had decided, after much discussion, on an appraisal and engineering study to put the 173-acre upper lake property up for sale. Mayor James Melfi said at Monday’s council meeting that the property received one bid of $1 million, plus a pledge to make improvements to the property, bringing it to $2.6 million. The minimum bid was $4.3 million. The city purchased the property in 1995 for $2.5 million and with interest the city paid $5 million. Melfi said the property was paid off in 2015.

Liquid real estate: Girard officials review options for sale of Upper Girard Lake | News, Sports, Jobs

Girard Mayor Jim Melfi stands next to an ice-covered Upper Girard Lake last week and talks about efforts to sell the lake and surrounding property so it can be redeveloped. The city previously received one bid for $1 million, but the minimum bid is $4.2 million, so council is looking at its options for the 750-acre property. Staff file photo / R. Michael Semple GIRARD For sale: 750 acres of lakefront property lake included. Girard officials are reviewing options on what to do with the Girard Upper Lake property, which the city has been trying to sell. In fact, city council has scheduled a discussion on the sale or other options for the lake property for 6:30 p.m. Feb. 8 at its next meeting.

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