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Council OKs demolition contract and loan agreement for East Main Street Apatite building
Summary
The council approved a $114,000 demolition contract with Briarside Contracting and a proposed $143,000 15‑year commercial loan agreement with the property owners to cover demolition and landfill costs; the loan would carry a 4.75% interest rate and the city plans immediate sidewalk screening and a target for reopening sidewalk by July 4.
Frostburg Mayor and City Council on May 20 approved a demolition contract and authorized a proposed commercial loan agreement with the owners of 84–88 E. Main St., known locally as the Apatite building.
Public Works representative Todd Lindsey told the council that Briarside Contracting submitted the low bid of $114,000 for demolition and agreed to absorb the trucking cost for…
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