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Fifth Street Apartments Up for Sale
June 13, 2007 - Over the next three years, the owners of Fifth Street Apartments in Carthage hope to sell their 18 apartment buildings as individual duplexes that will be governed by a condominium association.
Ron Lienemann of Rushville, who has owned the complex with his wife and father since 1994, briefed the Carthage Town Council on these plans at the council's May 21 meeting. He said they hoped the 1,600 square foot buildings, which sit on 90-foot by 160-foot lots and include two two-bedroom, one bath units, would each sell for $70,000 or less.
One issue Lienemann said he needed to address with the council was how the town bills for water and sewer usage by Fifth Street tenants. He said the current practice of billing Fifth Street based on readings from a central meter at the complex and leaving Fifth Street to collect from individual tenants would no longer work.
"The problem is, if I sell one in July, I don't want to pay for their water or sewer," said Lienemann. He asked the council to consider reading the individual meters at each unit so the town can bill the tenants directly.
For now, the council told Lienemann it would make no changes and would continue to bill Fifth Street based on readings from the central meter. The council said, however, that it would review the matter with its attorney.
In other business at the May 21 meeting, the council voted to give Clerk-Treasurer Linda McMahan permission to hire consultants to assist with preparation of the town's proposed budget for 2008. McMahan advised the council that the town still has not received an approved budget for 2007 from the state.
Rob Cooper told fellow council members that a child recently was injured at McNabb Park when a step on a wood structure broke. Council President Rick Bush said approval had already been given to tear down the structure and the town's works manager, Jimmie Alcorn, said he would take care of it the following week. Alcorn also advised the council that a large tree at the park had rotted and needed to be taken down.
The council approved a request from Town Marshal Mike Onkst for he and one of the town's deputies to attend firearms training later this month. McMahan told the council the town has sufficient funds to cover the $125 registration fees, and Onkst said he and his deputy will provide their own ammunition.
The council also accepted an $807 bid for a 1997 Ford Crown Victoria that had been used as a town police car. Previously, the council had accepted a bid on the car from Bush, but after researching the issue, the council's attorney cautioned against selling town property to any members of the council or their immediate family members.
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