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home : news : state news free June 24, 2016

10/19/2013 3:40:00 PM
Illinois county considers selling farm land

DANVILLE, Ill. (AP) — An official in Vermilion County in eastern Illinois says there may be no better time to sell a parcel of farm land the county owns to take advantage of high prices.

Vermilion County Board Chairman Gary Weinard believes the time may be right to sell the 126 acres it has owned for more than 150 years.

A county committee will hear a presentation on the idea Monday.

Weinard told The News-Gazette in Champaign ( ) the land was once used to produce food for the county’s poor. But now local farm manager Brian Neville is paid to oversee the land.

Neville says it produces about $50,000 a year. At the current historically high local price of up to $12,000 an acre, the land could generate about a million dollars if sold.

Anderson Jewelers

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