Auctioneer selected for former refinery property

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Staff Writer


TROY – The Spencer County Commissioners took another step toward returning the former refinery property near Troy to productive use. Sale of the property, which has been in county hands pending cleanup and other preparations, could open the area to commercial development.

The board voted to approve a bid of $1,385 from Hugh Miller Auction/Realty of Evansville to facilitate the sale of the county-owned former Troy refinery. The auctioneer’s bid comes as a flat fee, including advertising and other expenses. The commissioners also authorized the payment of $1,000 to appraiser Ron Magnus.

It has taken several years of property cleanup and other procedural hurdles to get to this point, but the commissioners hope to see the property sold and returned to productive use once the auction is held.

State and federal environmental agencies have cleared the property for sale after years of cleanup efforts and inspections, and the board has consolidated the legal boundaries of the property for the convenience of potential buyers.

To cover the costs of appraisal and the auction, the Spencer County Commissioners voted to request $2,500 from their county’s council. The board also plans to have the property and surrounding county-owned properties mowed and cleaned before the auction is held.