A site on Hwy. 22 East, near the Hi-Y-Inn is expected to be the location of the new Owen County Public Library.
Owen County Public Library Director Jennifer Nippert said the library board made a final decision on the site last Friday and plans to purchase it for $175,000 within the next few weeks.
The 4.3 acres of land is currently owned by Blue Moon Investors.
During its August meeting, the board voted unanimously to take the compensating tax rate.