Lake Butler agrees to finance $200,000 of SR 121 property sale after buyer misses closing

BY DAN HILDEBRAN Dan@BcTelegraph.com The Lake Butler City Commission voted Oct. 1 not to hold the buyer of a city-owned property on State Road 121 in default after he missed a September closing, agreeing instead to a revised deal in which the city will finance $200,000 of the $650,000 sale price. Under the new contract,…