The town of Jellico sold two pieces of property on Douglas Lane at an auction Saturday. The property was sold to J.J. Hatmaker Sr., the father of Jellico Assistant Police Chief J.J. Hatmaker.
David Longmire oversaw the sale of the two lots, totaling 3.9 acres.
“The person who bought the land has 30 days to come up with the money,” said Jellico Mayor Les Stiers.
The town earned $29,000 from the sale and the buyer will pay an additional 10 percent in auctioneer’s fees. The land was appraised at $31,000.
The money will go towards debt owed by the town, according to the mayor.
“We have bills to pay,” he said.
The mayor also hopes to sell 70 acres of land behind the hospital this spring.