Thursday, February 04, 2021
Madison, IN—The City of Madison Redevelopment Commission has authorized Mayor Bob Courtney to negotiate a conditional agreement to purchase real estate located at 120 E. 2nd Street, commonly known as the former Ruler Grocery Store. The purchase agreement will include the entire building and the adjacent parking lot at an estimated cost of $525,000 payable over the next two years.
“Our recently completed market feasibility study demonstrates the need for a downtown grocery exists and can be supported. The