Colson Corporation land purchased for $100 - KAIT Jonesboro, AR - Region 8 News, weather, sports

Colson Corporation land purchased for $100

(Source: KAIT) (Source: KAIT)
(Source: KAIT) (Source: KAIT)
(Source: KAIT) (Source: KAIT)
JONESBORO, AR (KAIT) -

Jonesboro city council approved the Colson Corporation to purchase land leased from the city for just $100 at their meeting Tuesday evening.

The corporation wanted to exercise a right in their original lease agreement earlier this year to purchase the land on Aggie Road.

According to city documents, the lease agreement dates back to Nov. 1968.

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