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Legacy Ranch changes hands | Preston Citizen

Legacy Ranch changes hands

February 28, 2012


Citizen editor

Legacy Ranch is on the fast track to be all that Franklin City officials expects it to be. Maple Leaf development is gone and the Nebraskaland National Bank has taken ownership of the property. The bank executed a Deed in Lieu of Foreclosure and they plan to spend the necessary money to bring the development up to the border city officials’ expectations.

The bank is expected to fix the streets to the specification standards required, put in street lights, street signs and finish whatever other infrastructure is needed to make it acceptable to Franklin City officials.

Currently streets are not plowed in the winter; school buses are prohibited from entering the subdivision to pick up students; and there is no mail delivery because the Legacy Ranch has not been accepted by the city.

Homes at Legacy Ranch in Franklin stand out against the foothills. The development changed hands recently.

With the bank in the driver seat and making things happen, it is expected the process will be sped up.

John Halvurt, who worked as the project manager for Legacy Ranch and is now working for Nebraskaland National, said it’s really the best thing that could happen to the development with its 29 homes.

This story is sponsored by Hunzeker Ford.

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