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Industrial park jump start

Cheney council approves lease agreement for 11 parcels in Industrial and Commerce Park


Last updated 8/22/2019 at 10:39am

Cheney’s City Council unanimously approved a resolution at their Aug.13 meeting that would lease almost half of the city’s Industrial and Commerce, Park to one organization.

The agreement with MVP Property, LLC, also transfers four other properties previously included as purchase options under a lease agreement with JC Steel Targets established in March 2018 and amended last August, to MVP Property. JC Steel Targets owner Jake Vibbert is one of the partners in MVP Property.

All told, MVP Property will be leasing 11 of16 properties owned by the city of Cheney located west of Fred Johns W...

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