Corporation donates $750K in land to Ridgeland

Corporation donates $750K in land to Ridgeland

Posted

Ridgeland city officials accepted a donation of three parcels of land located just south of Lake Harbour Drive valued at more than $750,000 during the city’s Sept. 7 board meeting, though the city remains unsure how they will put the land to use.

Mayor Gene F. McGee said the land, donated by Rishi Enterprises, was a surprise for the city.

“We have no long-term plans for the land,” McGee said. “But we have decided to accept the donation.” 

The board unanimously accepted the donation in a 7-0 vote. McGee said the land is located on Harbour Pointe Drive behind the carwash and Kroger Fuel Center on Lake Harbour Drive. A memo pertaining to the donation in the city board minutes notes the land as parcels C, D and E.

Community Development Director Alan Hart presented the donation to the board and said the land had been appraised for $760,000 in late August. Parcels C and D were appraised together with a value of $570,000 and Parcel E for a value of $190,000 on Aug. 18, by Integra Realty Resources of Jackson.

McGee said he was not sure what the city would do with the land though they would explore potential uses. He said if the city could not come up with a good use for the city it could also be sold for private development. The properties are currently zoned for commercial development.





Powered by Creative Circle Media Solutions