The city of Batesville has reached a settlement with the Harry B. Stokes Post 4501, Veterans of Foreign Wars, resolving a legal dispute over property needed for the expansion of Riverside Park.
The Batesville City Council approved a resolution authorizing an additional payment of $268,750 to the VFW, bringing total compensation for the property at 1680 Chaney Drive to $878,750. The city had previously paid $610,000 for the parcel.
The settlement, reached June 10, resolves a pending case in Independence County Circuit Court. According to the city resolution, VFW leadership unanimously agreed to accept the total settlement amount.
The property purchase is part of the city’s ongoing efforts to expand Riverside Park. With the council’s approval, the city will release the final payment to complete the transaction.
This post will be updated with more information from White River Now’s Andrea Bruner.
Images: White River Now
Have a news tip or event to promote? Email White River Now at news@whiterivernow.com. Be sure to like and follow us on Facebook and Twitter. And don’t forget to download the White River Now mobile app from the Google Play Store or the Apple App Store.
Get up-to-date local and regional news/weather from the First Community Bank Newsroom on Arkansas 103.3 KWOZ every weekday morning and afternoon. White River Now updates are also aired on weekday mornings on
93 KZLE, Outlaw 106.5, and Your FM 99.5. Catch CBS News around the top of every hour on 1340 KBTA.
