An idea to purchase Market Square Shopping Center behind the historic courthouse was given the green light Tuesday by the fiscal court.
After coming out of an executive session to discuss the possibility of future acquisition or sale of real property, a motion was made by magistrate Thomas Bouldin to move forward with talking to Houchenâs Industries about purchasing the property which has several tenents for $750,000.
Bouldinâs motion drew a unanimous vote of approval but is contingent upon meeting all statutory requirements of the county to purchase property, including but not limited to, a building and deed inspection, appraisal, and possible asbestos cleanup.
GLASGOW â The Glasgow Electric Plant Board has agreed to hire a Lexington-based law firm to look into the possibility of receiving an additional 90 days to review a flexibility agreement that is part of a 20-year contract with the Tennessee Valley Authority.
The EPB originally had 90 days to consider the flexibility agreement, but it was signed without the full board getting an opportunity to review it.
In a letter to Glasgow attorney Ron Hampton, who represents the EPB, the TVA said flexibility agreements enable local public companies, such as the EPB, to generate part of their own energy and provide generation services to customers.