A change in state funding prompted the decision to shed space as well as explore a sale-leaseback, says Easter Seals Jayne Shover Center chairman Alfred Y. Kirkland, Jr. "We built the new space in 2000, at a time when state funding was about to change from primarily block grant funding to fee-for-service funding," Kirkland explains. "Block grants allowed us to receive and allocate money in advance, for various programs. Fee-for-service funding requires us to provide the service before receiving payment from the state, then submit detailed bills for examination. The state then provides only a partial payment, sometimes months after the fact."
Inland Real Estate Auctions, Inc. has been hired to sell the property, which will be auctioned July 20.
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