The City Council voted Tuesday to increase the price of property in the city's industrial park.
Property was increased from $10,000 an acre to $20,000 an acre. The minimum amount of property that can be purchased is three acres. Currently, there are more than 70 acres available in the industrial park.Council members said they raised the price because other industrial parks are selling property at much higher rates than Springville's original $10,000 an acre. Also, all the improvements are finished in Springville's industrial park, which makes the property more attractive.