Versailles, IN — The Town of Versailles has closed on the purchase of the former Raider Gas property on US 50.
The town was awarded a $358,600 Blight Clearance Grant from the Indiana Office of Community and Rural Affairs last September to clean up the site of the former gas station and convenience store.
The final environmental testing prior to demolition and cleanup is underway, with site cleanup expected to take place this summer.
The Rising Sun Regional Foundation kicked in a $40,000 grant to help the town with the required matching funds in order to receive the OCRA dollars.
The Southeastern Indiana Regional Planning Commissioner provided additional work and guidance on the project.