Weds. 9:10 p.m.: Timber auction nets $147,000 bid
NEWTON FALLS — The Newton Falls Board of Education has the option to accept or deny a bid of $147,000 to harvest timber on 42 acres of primeval forest at Thursday’s board meeting.
Today, bidders showed up to a live auction behind the Newton Falls Middle School building to bid on harvesting the 271,000 board feet of timber.
There were seven bidders, said auctioneer Darryl McGuire of McGuire Auctioneers. The winning bid of $147,000 was placed by Noah Troyer of R&T Lumber in Middlefield.
Last month, the board rejected all nine bids they received to harvest the timber because of an oversight regarding the Ohio Revised Code that requires the district to sell at public auction anything worth over $10,000.
The highest bid received last month was $148,310, with the lowest bid at $93,000, according to numbers previously provided by Superintendent Paul Woodard, who said the district was pleased to get the $147,000 bid today. Woodard said he thinks the board will accept it at Thursday’s meeting.