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Resolution passed for Batey Farm to be financed over seven fiscal years

Resolution passed for Batey Farm to be financed over seven fiscal years
Photo courtesy of Friends of Indian Lake
The Hendersonville Board of Mayor and Aldermen passed a resolution last Tuesday night that would authorize payments over seven fiscal years for the purchase of Batey Farm.
The city is slated to pay more than $414,000 each fiscal year from 2019 to 2025. The cost of the farm is $2.9 million at six percent interest.
Two aldermen from Ward 2, Darrell Woodcock and Hamilton Frost, voted it down.
“Some people will say this sets a bad precedent,” Alderman Steve Brown said. “I think, though, this sets a good precedent. It shows how important green space is to us.”
The ordinance to purchase Batey Farm barely passed on two readings in February and March. Much of the opposition focused on the affordability of the farm along with the number of city projects yet to be funded under a tight budget. Woodcock opined during a previous board meeting that purchasing the farm would set a precedent to purchase other green areas on the market.
The city planned to pay for 35 acres of the southern portion of the farm. The Friends of Indian Lake Peninsula are currently raising funds to pay for the northern portion at nearly $1 million and plan to turn it over to the city once it’s purchased. Currently the group has raised $826,000 as of April 15.
To get more information on how to donate you can click here.
The resolution was passed Tuesday night toward the end of the meeting without much discussion and commenting from the public.

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