Grafton offers enticing deal to bring in residents

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KMOV.com

Posted on July 26, 2010 at 9:04 PM

Updated Monday, Jul 26 at 10:22 PM

(KMOV) – The mayor of Grafton, Ill. is offering land for cheap.

Mayor Tom Thompson said he is selling 32 lots in the Grafton Hills neighborhood for $15,000 each. Buyers would have one year to build a $150,000 home, after which the city would give the buyer $15,000.

The mayor says the deal will both increase population and revenue in the city.

The deal ends in either one year or when the remaining 17 lots are sold.

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