- Associated Press - Wednesday, March 5, 2014

GREENWOOD, Miss. (AP) - Leflore County and Balkamp, a NAPA parts distributor, have settled a lawsuit over the deed, lease and taxes on its former building.

Balkamp closed its Greenwood distribution center in 2009.

Board Attorney Joyce Chiles tells The Greenwood Commonwealth (https://bit.ly/NTN8ti) that Balkamp gave up its claims to the building’s deed. Indianapolis-based Balkamp will pay or forfeit almost $175,000 to settle the dispute.

Chiles says Balkamp will pay $50,000 to settle the county’s claims to back rent.

The two parties also resolved a dispute over back property taxes on the building. Through a subsidiary, Balkamp had bought the building at tax sales twice, in 2010 and 2011.

As part of the settlement, Chiles says Balkamp also agreed to let the local governmental entities keep the $123,000 in proceeds from the tax sales.


Information from: The Greenwood Commonwealth, https://www.gwcommonwealth.com

Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times welcomes your comments on Spot.im, our third-party provider. Please read our Comment Policy before commenting.


Click to Read More and View Comments

Click to Hide