The Corry Municipal Authority and the city of Corry recently approved the purchase of a parcel at 765 S. Center St., and an easement on Union Street as part of phase two of a citywide water project.
The property includes about three and a half acres, most of which will be used for the booster pump station and phase two water project needs, leaving about a half acre with a house and detached garage, City Manager Jason Biondi said.
Phase one of the water project upgraded the city's aging water system, which included replacement of miles of water mains and residential and commercial water meters, and phase two will continue the water system upgrade with the erection of storage tanks to replace the water reservoir and construction of a booster pump station.
The property on South Center Street was purchased for $83,000, not including closing costs and fees, and will be the location for a booster pump station that is scheduled to be built during the project. The sale was closed on Thursday.
The intention is to subdivide the property to give the booster pump station its own parcel and then sell the remaining land and house once the subdivision is complete.
The acquisition of both properties had to be approved by Corry City Council and the Corry Municipal Authority before any action could be taken.
The easement for property on Union Street is a 30-foot section of land that was acquired for water lines and a driveway to access new water storage tanks to be built near Chord Road.
The easement was purchased for $4,000 with the option to buy it for an additional $1.
The properties are purchased under the Municipal Authority name with funding from the city's water fund.
The application for phase two PENNVEST funding had to be made with all properties already owned, and a reimbursement for the purchases will be requested from PENNVEST funding because it was purchased for a part of the water project.