Luna County Wants to Buy LCROA Property
(Deming) – Luna County government officials want to buy the Luna County Ranchette Owners Association property from two men who have owned it just over two months.
The five-acre property, located at 5830 LCROA Road off Rockhound Road which includes a hospitality house built in 1979, was sold at an on-site auction June 13th, 2015, for $115,000.
A Luna County official reportedly bid at the auction, but was not the highest bidder. The Luna County Assessor’s office lists the new property owners as Van Jacobsen and Robert Turner.
Now the county commissioners are meeting in special session Thursday at 9 a.m. for the purpose of authorizing County Manager Charles “Tink” Jackson to purchase the former LCROA property from Jacobsen and Turner.
Emails to Jackson requesting information on the county’s interest in the building and purchase price were not immediately answered.
Commissioner Javier Diaz said the county wants to buy the property because there are grants available to help with colonias projects in the area, and because they would like a smaller venue to offer to the public as a rental when the Mimbres Valley Learning Center is too large.
Diaz said they estimate the county could make up to $20,000 a year on renting the facility.
If the county purchases the property, however, there would be some loss of tax revenue since government entities do not pay property tax.
Reportedly, the LCROA Association holds the note on the property and would have to give permission for the property to be sold again.
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