Church, radio station, vie for former Jonesboro library

Nov. 21, 2013 @ 05:00 AM

A bidding war between two faith-based organizations — a local church and gospel radio station — may continue for the former Jonesboro library.

The Lee County Board of Commissioners accepted a third upset bid for the 309 Main St. property, valued at $120,000, during its meeting this week.

Mary Dangerfield, of MacAdell & Associates and WXKL 1290 AM Radio Station, submitted an original bid of $65,000 for the property in mid-September and was outbid at $68,300 by Jonesboro Heights Baptist Church, which is located across from the library facility. Dangerfield, in turn, submitted a third bid of $72,000, and the church submitted the most recent bid of $75,650.   

Jonesboro Heights Baptist Church Administrator Richard Sistrunk said the church  didn't intend to discuss its proposed plans for the library until the bidding process is over. However, Dangerfield said she hopes to house the gospel radio station and the accounting firm she operates with her husband in the building.

"Since we are the new owners of the radio station, we are trying to create a bridge between different communities," she said. "We have quite a lot of different things on the radio. … [The bids] have volleyed back, and we will see what happens."

The Lee County Commissioners authorized a notice of the proposed sale, including a general description of the property, the amount and the terms of the upset bid offer during the meeting Monday.

"Within 10 days, any person may raise the bid by not less than 10 percent of the first $1,000 and five percent of the remainder plus any and all advertising costs," according to the resolution approved Monday, which accepted the third upset bid.

If there are no qualifying upset bids after the public notice is published, the most recent offer is accepted.