FARMVILLE — The Farmville Town Council is set to take action to sell Mottley Lake to Farmville Farms LLC for $1.25 million during its Wednesday meeting.

The staff recommendation, according to the council’s meeting packet, is to grant authorization to the town manager and mayor to sign necessary documents to complete the sale of the lake and property to Farmville Farms.

The lake includes 147 acres of property near Prospect.

As part of the sale, the town would retain the water rights to the lake.

In addition to the lake, the property includes one house, one cabin and 17 mobile home hook-ups, with water, sewer and electricity for each, along with various outbuildings and a maintenance shop.

“We don’t need it,” Spates told The Herald, referring to the land included with the lake.

Russell Harper — the registered agent of Farmville Farms — is also a managing member of Harper Associates. According to its website, the firm is a real estate development, investments and management company.