City Holds Farmland Lease Auction

Just two bidders showed up yesterday at a lease auction for the city of Mt. Carmel’s two parcels of farmland. Ed Timberlake was the winning bidder on 17 acres of ground near Braun Mobility on the city’s west side. His bid was $275 an acre. The second parcel was 528 acres near the airport in Lawrence County. Ivers Farms bid $315 an acre to keep the lease with the city.