GIRARD — On the market: 750 acres of lakefront property — lake included.
Girard officers are reviewing choices on what to do with the Girard Higher Lake property, which the town has been attempting to promote.
The truth is, metropolis council has scheduled a dialogue on the sale or different choices for the lake property for six:30 p.m. Feb. 8 at its subsequent assembly.
Mayor James Melfi mentioned the town has positioned the property up for bid. However after receiving solely a $1 million bid for the property when the minimal bid is $4.2 million, there must be a evaluation of what to do subsequent.
“Council will talk about what they need to do with the property and go from there,” Melfi mentioned.
First Ward Councilman Keith Schubert, chairman of the buildings / grounds committee, mentioned one potential choice, if council desires to hunt bids once more, is to promote the property nationally.
“I’ve requested the administration if they’ve had any ideas on what we might do with the property, and it seems promoting it’s the most suitable choice. A purpose is to promote it and get it developed,” he mentioned.
Higher Girard Lake is positioned off Nice Valley Highway and Niles Vienna Highway close to Vienna Township and east of state Route 11. Officers mentioned the lake and property are 750 acres.
Melfi mentioned the town has no use for the property.
“We might promote the property for honest market worth and have somebody develop it, making it a income,” Melfi mentioned.
Decrease Girard Lake, which the town owns and plans to maintain, is positioned off Tibbetts Wick Highway.
Higher Girard Lake features a spillway and is one in all two man-made lakes on Squaw Creek. It was constructed in 1929 and has a peak is 54.6 ft with a size of two,720 ft. The lake’s spill tube permits water to circulate again into Squaw Creek and into Decrease Girard Lake.
The lake property will not be used and has indicators posted: “No Trespassing. No Fishing. No Swimming.” There may be water within the lake that may freeze.
In 2014, metropolis council had discussions on the potential improvement of the property for residences, business constructing and analysis and improvement entities — none of which got here to fruition.
Melfi had mentioned the property does have its limitations as a result of it has no sewers or utilities.
“The lakes have been a monetary burden for various years,” he mentioned.
Girard purchased the 2 lakes in 1995 for $2.5 million from Ohio Client Water Firm, previously Ohio Water Service, with the intention of creating them a personal water supply as an alternative of remaining a buyer of the Mahoning Valley Sanitary District. Town paid off the mortgage for the acquisition in 2015.
Mefli mentioned the town went into fiscal emergency in 2001, nonetheless, and couldn’t afford a water-filtration plant.
So the town borrowed the cash from the Ohio Water Improvement Authority. When that mortgage is paid off, in 12 years, $4.7 million of public funds will likely be expended. The phrases of the mortgage make it not possible for Girard to repay the principal early to keep away from finance costs, officers beforehand have mentioned.
The decrease lake is dry. Town breached the dam there as a result of it wanted repairs the town couldn’t afford.
Each Higher and Decrease Girard lakes had been developed by damming Squaw Creek from 1931 to 1933. The land as soon as was used for farming, salt and coal mining.
Wildlife abounds within the surrounding lands owned by the town, particularly round Higher Girard Lake together with white-tailed deer, fox, beaver, muskrat, raccoon, pheasant, Canada geese, mallards, snow geese, cormorants, black geese, loon, blue herons, red-tailed hawks and wild turkey. At instances, bears and coyotes even have been noticed in the identical space.
Quite a lot of tree and plant species additionally develop alongside the shorelines.
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