Hedlin property sale gained Town $8,075

All the figures and details for the almost two acre Hedlin property on Maple Avenue that the Town of La Conner bought and then sold the same day this past March are complete. This third Weekly News story has additional figures from the Town and the settlement statements from the title company.

Using Town figures, including staff time and easement paving costs for preparing the property for development, the profit is a little over $8,000, as Mayor Ramon Hayes stated in his column in the paper last week.

The critical changes are, first, in the purchase price, originally announced at $625,000. A...