The Development Authority of Monroe County has agreed to sell 2 acres in its Indian Springs Business Park.
The authority sold the 2 acres for $40,000 to a company that wont be named until the deal is finalized, said Tiffany Andrews, executive director of the authority.
This would be the first company to locate in the park.
About two years ago, the authority acquired the park property off Indian Spring Drive in Forsyth. The 113-acre site originally was designed for about 300 homes, but the residential development never moved forward after the bank holding the loan was taken over by the Federal Deposit Insurance Corp., and the developer filed for bankruptcy.
In 2010, Andrews said the type of businesses that would be acceptable in the park would be service-type companies such as call centers or businesses that focus on light assembly.
To contact writer Linda S. Morris, call 744-4223.