Officials in Pontiac say they have a buyer for two cemeteries, Ottawa Park and Oak Hill. StoneMor Partners, of Levittown, Pa., is offering $475,000. The company owns more than 200 cemeteries across the country.
While residents and history buffs want the town to hold on to these historic site, the town is $6 million in the red and says it costs $300,000 to $400,000 a year in maintenance costs.
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10 years ago
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Hmmm, well that means the buyer can spend any money held from lot owners for maintenance, and sell the property for development. That has already happened in Jackson, MI..
A buyer also bought Cadillac Memorial Gardens near Mt. Clemens and spent the assets. If the cemeteries are sold, you have no control over them. If a cemetery is sold, there is no guarantee it will be maintained if not developed.
Oakhill has a great view and a centralized location!
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