C-W Port buys 7th Street property
Land is adjacent to port property
Tuesday, April 10, 2012
The Port of Camas-Washougal Commission has approved the purchase of land near its Sixth Street property.
The commission voted 3 to 0, April 3, to buy a 10,000 square foot lot at 1111 S. Seventh St., Washougal, from Ron Gustafson, for $190,000.
The purpose of the purchase is to add additional, contiguous port property, according to Port Communications Manager Jack Hardy.
The port will pay $50,000 at closing. Installment payments will be spread over three years beginning with $50,000 in 2013, $50,000 in 2014 and $40,000 in 2015 at an interest rate of four percent.