Greg Smith, Malheur County economic development director, talks during a meeting last year regarding a rail reload facility planned north of Nyssa. (The Enterprise/File).
VALE – Malheur County intends to take $1 million out of the county treasury to help acquire Nyssa land that is part of a larger industrial project, according to state records obtained by the Malheur Enterprise.
The records also show that a state-mandated appraisal concluded that the property the county wants to buy for a rail reload center is valued at $1 million less than county officials have already agreed to pay the buyer.
The disclosures come as Biz Oregon, the state’s economic development agency, notified the county Tuesday that it was approving its request for a $2.4 million loan to help buy about 290 acres of land near the rail reload site north . . .