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Council refers 40 Market St. loan order to public hearing, requests asbestos and systems information
Summary
Members voted to refer a loan order to buy 40 Market Street to a June 10 public hearing and asked the manager to supply asbestos testing, electrical and heating‑system ages and cost estimates before final purchase.
The council gave first reading and referred a loan order for the proposed purchase of 40 Market Street to a public hearing on June 10, and councilors asked the city manager to provide building‑condition details before the next meeting.
Councilors raised specific due‑diligence questions: Councilor Chao and others asked whether the building contains asbestos, the age and condition of…
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