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AIDC Public Notice


The Ava Industrial Development Corporation Board has voted to repurchase the stock from any stockholder who wishes to sell their stock for the price of $100 per share. This decision was made as a way to distribute the funds accumulated from the sale of the Rawlings Building and some other properties accumulated. This is not a dissolution of the AIDC. The AIDC has approximately 20 acres of land and will have sufficient funds to assist the location of any industry that might want to locate in Ava. The buy back period will run from January 18 until June 21st of 2014. The board will be at the Ava Lions Club on North Jefferson in Ava starting at 9:00 AM on January the 18th to initiate the repurchase and will have additional purchase times once a month during the repurchase period. To sell your stock, you must have stock certificates in your name, or if you inherited the stock, you must have legal inheritance papers showing that you did inherit the stock. For those who have lost their stock or have no legal inheritance papers you will be able to sign an affidavit in the presence of a notary swearing that you are the legal owner. We have listings of the original purchasers so that your ownership will be verifiable. For those of you who cannot attend one of the purchase times in Ava, you can contact Attorney Ann Mason at Neale & Newman Law Firm, 1949 East Sunshine, Springfield, MO., phone: 417-882-9090 and work through her to sell your stock.