KNU LLC is Granted Land Purchasing Rights | Ferdinand Town Council

Earlier this week department heads with the town of Ferdinand provided The Ferdinand Town Council updates on their respective entities.

Ferdinand Police Chief Lloyd Froman spoke about an opportunity to use surplus equipment from his department as a form of revenue.

Froman told the council starting Monday he will be returning to the Law Enforcement Academy to be certified as a rifle instructor and that the academy has a 5 day program that accepts surplus equipment that will be valued in exchange of credit for training hours.

The Council approved a resolution to determine that equipment from the police department entails old vehicle equipment that is no longer in use and now is considered surplus and will be exchanged for training credit.
OTHER BUSINESS

In other business earlier this week, the Ferdinand Town Council set aside time for a public hearing to addressed a topic that had been previously discussed at another meeting regarding land purchases.

Property will be used to construct a building for KNU LLC which is a subsidiary of Best Home Furnishings. Back in February the council approved the measure but the property that belonged to the town of Ferdinand was declared as surplus property with the intention of selling it.

Town Attorney Bill Shaneyfelt addressed the public to determine if anyone in the public aside from the interested group had any interest to purchase the property near the Industrial Park Road.

With no additional interest expressed, Shaneyfelt recommended the authorization to sell the real estate in question to KNU LLC.

Best Home Furnishings Chief Financial Officer, Steve Wahl, was on hand to hear the council’s approval. Wahl says at this time the construction is in the designing stages and expressed his appreciation for the council’s approval in allowing the purchase of the property.

Shaneyfelt added that its a win-win situation for both groups referring to the town and the company.

Back in January Council President Ken Sicard explained that the construction and existence of the building would possibly create 15 to 20 new jobs for the community.

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