County Government Makes Offer to Purchase Lexington Manor Property - Southern Maryland Headline News

County Government Makes Offer to Purchase Lexington Manor Property

The St. Mary's County Board of Commissioners has extended an offer to LP Park Center, LLC to purchase the 84 acre Lexington Manor property, known as the Flat Tops, in Lexington Park. The County's offer of $5,251,900 was extended on August 10, 2004 in compliance with the August 16, 2004 deadline outlined in the County's option to purchase agreement. A final settlement is expected by the end of the year.

"By exercising our option to purchase this property, we are making great progress toward our goals for a better quality of life for our residents, a better atmosphere to grow our businesses and the best place for our major employer, the Department of Defense, to do business," said Thomas F. McKay, President, Board of County Commissioners.

With the purchase, the County intends to remove a blighted area, eliminate encroachment on the Patuxent River Naval Air Station, and relocate low income residents to more suitable housing. "These efforts are all part of our ongoing plan to revitalize the Lexington Park area," said Daniel H. Raley, Commissioner, District 4.

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