Jay still not ready to commit to lease on park property
Council still undecided on cost of the lease
April 7, 2022
It's back to the negotiation table for the town of Jay after the council voted Monday night to not accept the current proposal from the American Legion to lease the large field it owns as part of the Bray-Hendricks Park renovation. Purchase of the property is not an option currently.
The proposal includes a $30,000 down payment from the town, then $250 a month for 50 years on a 50-year lease. The total cost of that option would be $180,000.
“I can't wrap my mind around paying a down payment plus a monthly rate when it does come to maintaining it,” said Mayor Shon Owens. “We are the o...