Ford County official weighs in on sale proceeds
PAXTON – The Ford County Public Building Commission has approved the upcoming sale of the former county nursing home, but its chairman is not happy with plans for the proceeds.
Asta Care Center, LLC, a company of Asta Health Care Co. of Elgin, has operated the county's nursing home since 2002. An agreement in January 2006 increased the lease payments to $360,000 annually and provided an option for Asta Care to purchase the facility and its 7.28-acre grounds for $1.25 million as early as July 1. Of the $1.25 million purchase price, just over $146,000 must be set aside to pay off nursing home bonds, and the rest will be controlled by county board members.
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