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Town profit is $20,000 in Hedlins property sale

Update and corrections in April 7 issue.

The Town of La Conner signed papers to sell the Hedlins Ballfield property for $800,000 on March 2 and will gross perhaps $20,000 on its purchase. It looks like the Town did not spend taxpayers dollars to buy the property. Mayor Ramon Hayes signed a purchase and sale agreement without the Town apparently ever owning the acreage. The agreement with the buyer, represented by Mountain Pacific Bank loan officer Frank Jeretzky, was “contingent on Seller’s exercise of its Purchase Option of the Property.” Papers are in the March 9 Town Council packet and were...

 

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