Share “Who will own Ardmore's newest water tower?”

Who will own Ardmore's newest water tower?

Oklahoman Published: March 18, 2013

ARDMORE -- In 2008, the Ardmore Public Works Authority made a land purchase deal with the Ardmore Develpment Authority to build a new water tower.

Now, there's a question of ownership, of the land and of all the improvements -- including the water tower.

The Daily Ardmoreite reports that IMTEC Corporation leased the property from the development authority in July 2001. As part of the agreement, IMTEC got an option to purchase the land and improvements by notifying the authority in writing of its intent to do so.

That was reiterated in a correction quit-claim deed five years later. Then, in January, the city was notified in writing by IMTEC that it wanted to take ownership of of the land and all improvements.

All signs now are involved in determining who will get what.

Read the rest of this post on the original site »


  1. 1
    This Russell Westbrook Promo Will Get You Jacked For His 2015-16 Season
  2. 2
    Lawton product Mike Warren has record-setting day for Iowa State
  3. 3
    Slain man's body discovered northwest of downtown Tulsa
  4. 4
    Beware of new smart chip credit card scams
  5. 5
    What is phubbing, and is it ruining your relationships?
+ show more


× Trending around the web Article