By Josh Mitchell
Corinth Today News Editor
The Region IV Mental Health Services Board on Wednesday approved selling property the agency owns in Olive Branch for $225,000.
The Region IV Board voted to sell the property during its monthly meeting at the agency’s administrative office in Corinth.
Region IV Interim Executive Director Jason Ramey said the property included about four acres and a small building used by the agency for office space. Those offices can be relocated to another building, he said.
The property, located at 7588 Highway 178, Olive Branch, was purchased by a trucking company called Yourway Freight, Ramey added.
Region IV listed the property for $250,000, and board Chairman Greg Collier of Tishomingo County said he felt the agency made a good deal selling it for $225,000.
The agency had owned the property for several years and had been trying to sell it for close to a year, officials said.
Under the agreement approved Wednesday, the trucking company will make a $45,000 down payment to Region IV. The trucking company will finance the rest of the cost through the mental health agency over two years at 4 percent interest.
Region IV offers services to help people with mental health and substance abuse problems in a five-county area, which includes Alcorn, Tishomingo, Prentiss, Tippah and DeSoto counties.
The agency’s board members are appointed by the boards of supervisors in the respective counties.
Region IV is one of 14 community mental health centers around the state. Community mental health centers operate independently from the Mississippi Department of Mental Health but must follow state operational standards.