City real estate deal will fetch $350 thousand

The owner of two existing Seneca businesses will take over a former supermarket building in the downtown and re-locate one of them there.  Details of the deal between the city of Seneca and businessman Ray Murphy were announced and approved last evening at a meeting of the Seneca Improvements Corporation.  For the SIC, the deal will mean $350 thousand.  Josh Riches, city financial officer, said the city had acquired the former Hometown Food Store building and property only a few years prior for a transaction price of $211 thousand.  The re-sale is to close by January 15, according to Scott Moulder, president of SIC board.  Murphy’s Seneca business interests and T & R Graphics and Casual Carolina.  Murphy serves as president of the Seneca Merchants Association.  His current business interests in Seneca are something attractive to city government.  As Moulder put it, “He (Murphy) is a known commodity.”