Louisville Kentucky Real Estate

The Shelbyville Kentucky newspaper The Sentinel-News reported about the annual meeeting for the Shelby Development Foundation that was held on 11/29/07 in Shelbyville Kentucky.  This organization is dedicated to preserving and restoring historically significant homes and buildings.

Some of the many accomplishments that were noted for 2007, were as follows:

Acquisition of real estate at 1028 Main Street - money to purchase the home was made by donations as well as loans from Citzens Union Bank (CUB Bank), Commwealth Bank & Trust, and American Founders Bank.

The home was having some foundation issues - and experts were brought in to address those problems with the home.  Additional problems found upon purchasing included numerous water intrustions and leaks at the roofline.  This further exacerbated the foundation problem, and for a period of time, there was the possibility that the foundation would collapse under the load that the home was putting on it.

The Shelby Development Foundation is currently evaluating additional candidates for preservation and have organized the Shelby Development Foundation Search Committee to spend the next 1 year researching for new properties.  They will select up to 3 parcels of real estate and are primarily focused on real estate located within the business district in downtown Shelbyville Kentucky.

2 departing board members were also recognized for their service:

Adam Ruiz

Tom McGinnis

And a welcome was made to new board member Mitch McClain.

This entry was posted on Tuesday, December 11th, 2007 at 12:32 pm and is filed under Simpsonville KY, Shelby County, Shelbyville KY Real Estate, Louisville Real Estate. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.