Liscotti Development Corp. has 90 days to decide if it will purchase 2.35 acres from Alexander City.

The Alexander City City Council approved a purchase agreement at a meeting Monday where the property would pass to the Lake Martin Area Industrial Development Authority and then to Lisciotti. The property transfer was on the agenda a week ago for the council but the final contract had not yet been finalized. City attorney Larkin Radney explained the contract went through several changes.

Cliff Williams is a staff writer for Tallapoosa Publishers.