FARMVILLE — The Farmville Town Council voted Wednesday to authorize the sale of Mottley Lake to Farmville Farms LLC for $1.25 million.

The staff recommendation, according to the council’s meeting packet, was 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.

Terms of the sale were negotiated, according to the town.

The lake includes 147 acres of property near Prospect.

As part of the sale, the town will 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 their website, the firm is a real estate development, investments and management company.