By Christian Hill
Lane Transit District is donating a remnant of the former Santa Clara Elementary School site to a community project that houses veterans.
The transit district bought the property, which is about 8 acres at the corner of River Road and Irving Road/Hunsaker Lane, as the future home for a new River Road transit station.
As part of negotiations, Umqua Bank included as a no-cost add-on a half-acre lot with a home on it located on the southeastern corner of the property. Umpqua ended up with the property after lending money to a previous owner whose plans to develop it fell through.
LTD paid $3,325,000 for the entire property — slightly more than half the current list price of nearly $6 million. The sale closed last week.
“Read the Full Article at registerguard.com >>>>”
(adsbygoogle = window.adsbygoogle || []).push({});
EDITORIAL DISCLOSURE
All content herein is owned by author exclusively. Expressed opinions are NOT necessarily the views of VNR, authors, affiliates, advertisers, sponsors, partners, technicians, or VT Network. Some content may be satirical in nature.
All images within are full responsibility of the author and NOT VNR.
Read Full Policy Notice - Comment Policy
All content herein is owned by author exclusively. Expressed opinions are NOT necessarily the views of VNR, authors, affiliates, advertisers, sponsors, partners, technicians, or VT Network. Some content may be satirical in nature.
All images within are full responsibility of the author and NOT VNR.
Read Full Policy Notice - Comment Policy
