Heritage Bank President Keith Bennett (left) shakes hands with APSU President Tim Hall on Dec. 11 after presenting the deed to the house behind them, located at 1220 Madison St. APSU plans to sell the property, with the proceeds going toward the Governors Stadium renovation project. (Photo by Beth Liggett, APSU photographer)
Austin Peay received a house from Heritage Bank, according to a recent news release. Heritage Bank presented Tim Hall the deed to a house located across the street from McReynolds-Nave and Larson Funeral Home on Dec. 11.
The University will list the property on the housing market immediately, said Steve Shaw, director of corporate relations at APSU.
The house is being sold in order to help fund the Governors Stadium renovation project, set to complete the new stadium by the 2014 season.
The renovations on the east side (Foy Center) of the stadium are set to include training areas, offices, and most notably a skybox. The west side (Burt Elementary) will receive minimal updates.
