(Connie Jo Discoe/McCook Daily Gazette)
The purchase means the county will own all the land between the courthouse and West F on the west side of Norris Avenue. It's a possible location for a county jail.
Commissioners came out of a closed session with Greg Hepp to approve the purchase of the property. Money for the purchase will come from the jail sinking fund.
The purchase price represents the value of the property and rental income for 20 years, commission chairman Earl McNutt said this morning.
The two two-story houses, both built in 1907 according to the county assessor's records, have seven apartments.
The Hepps bought the properties in 2005 for $55,000. Its tax valuation for 2011 is $70,200.
McNutt said that commissioners will meet Monday -- they don't usually on the fifth Monday of a month -- to discuss tenants and leases, and to sign a purchase contracts.
The meeting begins at 9 a.m., in the commissioners' room on the third floor of the courthouse.