Interest rates not hurting land prices

By JEFF LAMPEFor The Weekly Post As the cold, post-holiday reality of winter arrives, land auction season is ready to get hot. And while interest rates doubled in 2022, land prices have still increased. In fact, on Dec. 20, Murray Wise Associates auctioned a farm that is believed to have generated the highest sales price ever in Henry County. A 38-acre parcel of high-quality soils located just southwest of Kewanee sold for $21,100 per acre and a 9-acre tract sold for $18,100 per acre. While that pales in comparison to the $30,000-per-acre price tag from a Nov. 11 auction in Iowa…

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The Weekly Post public record for 1-5-22

NOTE: Charges are merely an accusation. All suspects are presumed innocent until proven guilty in a court of law. Minor chlorine leak at Princeville water plant • PRINCEVILLE – The Princeville village water-treatment plant was the site of a minor chlorine-gas leak last week, according to authorities. The leak was reported shortly before 11:30 a.m. Dec. 29 in a structure between the main plant and the Village Hall, according to Jeff Troutman, first assistant chief of the Akron-Princeville Fire Protection District. Troutman also is the Princeville village president. An employee at the water-treatment plant walked past the structure and heard…

Continue Reading... The Weekly Post public record for 1-5-22