The Knox City Council this week approved the use of $15,000 from the Economic Development Income Tax fund to purchase the property at 64 E. Lake St. in Knox, better known as the old laundromat.
The city had been interested in purchasing the property several years ago, but at that time, the property was tied up in court litigation and consequently unable to be transferred to the city, but Mayor Rick Chambers says they believe that litigation has been settled. He says the city would purchase the property for $15,000 and demolish it to expand the small park area adjacent to it.