Council buys property next to its depot

 
By ERWIN CHLANDA
 
The Town Council has bought the property next to its works depot at 35 Wilkinson Street for $720,000 excluding GST. Stamp duty was $35,640.
 
CEO Rex Mooney says the land was acquired to provide “future development options” in the event of growing demand on the current depot.
 
The land will be on a short term lease to the recycling company Envirobank which is currently going through the required town planning process.
 
Mr Mooney says the decision was made after a report to council which included a valuation. The council accepted the valuation given.
 
The decision had been discussed “in confidential” but was moved into “open” at Monday’s council meeting.