Auglaize County Commissioners sign for intent to sell Auglaize A - Hometownstations.com-WLIO- Lima, OH News Weather Sports

Auglaize County Commissioners sign for intent to sell Auglaize Acres

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On January 4th, the board of commissioners signed the letter of intent to be executed between them and Auglaize Holdings for the sale of Auglaize Acres. On January 4th, the board of commissioners signed the letter of intent to be executed between them and Auglaize Holdings for the sale of Auglaize Acres.
According to Commissioner Douglas Spencer the sale will be around $1.7 million. According to Commissioner Douglas Spencer the sale will be around $1.7 million.

The Auglaize County Board of Commissioners have approved a letter of intent for Auglaize Acres Nursing Home.

On January 4th, the board of commissioners signed the letter of intent to be executed between them and Auglaize Holdings for the sale of Auglaize Acres. The commissioners opened two bidding periods for the facility in late 2017 and received one bid. According to Commissioner Douglas Spencer the sale will be around $1.7 million. Moving forward the two legal counsels will iron out the details and when ready, Auglaize Holdings will file an application for licensure of the nursing home.

The key that we always want to stress, and we always put major emphasis on this, this is a continuation of operations," Spencer said. "It's still going to be a nursing home. It's going to have different owners, different operators, but it's going to be Auglaize Acres the nursing home. It's still going to be a viable part of the community."

Spencer said if all goes well the deal could be complete come April, but realistically could take until June.

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