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Warrenton officials criticized for buying land now sitting vacant

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WARRENTON, MO (KTVI)-- A new Missouri state audit on the city of Warrenton criticizes officials for buying two pieces of land for $1.5 million that are both now sitting vacant.

The city paid $791,000 for one of the pieces of land without ever having an appraisal done. They shelled out $114,000 an acre for 6.9 acres. They bought the land for a community center, but voters turned down the project twice. So now Warrenton is stuck with the land that it has no use for.

Another land transaction also came under scrutiny by Auditor Tom Schweich. Warrenton's Industrial Development Authority made a deal for a piece of land for an industrial court. But after making the deal to buy it concluded the property would cost too much to develop. Warrenton will end up paying $717,000 for that piece of property.

The old mayor responsible for these deals is gone. You Paid For It interviewed the current Mayor Jerry Dyer says about all the city can do now is keep the grass mowed.

COMPLETE STATE AUDIT REPORT

http://auditor.mo.gov/AuditReports/CitzSummary.aspx?id=227

 

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