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Posted: 10:37 a.m. Thursday, Dec. 13, 2012

Stockbridge acquires old bank building for community center

By Tammy Joyner

The Atlanta Journal-Constitution

Stockbridge is getting a new community activities center.

The city council announced this week it has purchased the operations center of the now-defunct First State Bank from the Federal Deposit Insurance Corp. for about $635,000. Another $250,000 will be used to renovate and run the 19,704 square-foot facility for about two years once it opens at the end of March. The facility, which currently has a kitchen and convertable space, is on on 4.8 acres in the heart of Stockbridge and is expected to be used by senior citizens, youth and other residents. The deal is the culmination of six months of work by the council.

“We toured the facility and in an instant we knew this would be the facility we were looking for,”said Mayor Pro Tem Richard Steinberg who heads the council’s building committee. “It’s a real Christmas gift to the citizens of this city. Council recognized there was a need in the community to have some sort of facility that would benefit everybody in the community, from youngest to oldest.” The facility is at 146 and 147 Burke Street. It was part of the assets of First State Bank, the last Henry County-based bank when it closed in January and was taken over by federal regulators for insolvency. Hamilton State Bank bought most of the assets of First State earlier this year. It did not acquire the operations center.

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