Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Real Estate Acquisition topic
No spam. Unsubscribe anytime.
Valley County approves release of appraisal, will proceed to closing on 308 Idaho Street
Summary
The Valley County Board of Commissioners voted to accept and release an appraisal for 308 Idaho Street to the seller and to move to closing after the seller reviews it. Staff reported a clear title commitment but noted large foundation cracks that may affect renovation plans.
Valley County Commissioners voted to accept the county appraisal for a property at 308 Idaho Street, release the appraisal to the seller for review and proceed to closing if the seller accepts the appraisal.
County staff presented the item and said they had obtained a title commitment with no exceptions and sent it to legal for review. "What I need now is to go ahead and approve release of this appraisal so that we can move to closing once she accepts it," the staff member said before moving the motion. The motion was seconded, the board recorded affirmative votes and the motion passed.
The vote came after a brief site review by a commissioner and staff. One commissioner said they inspected the building and found two large foundation cracks. "I was hoping we would be able to maybe just take down some walls and use it as a shop building, but there are two large foundation cracks," the commissioner said, and noted he asked Terry and Scott to inspect the foundation further. Another commissioner said county staff and consultants did not feel the building was likely worthy of renovation but that the parcel of land could be useful if the county later expands its Emergency Operations Center.
County staff provided these steps as part of the motion: accept the appraisal, release it to the seller for review, and move to closing upon the seller’s acceptance. Staff also confirmed a title commitment had been secured and forwarded to legal.
No purchase price was stated on the record. The board did not adopt any resolution or ordinance related to the purchase on the record; the formal action was the motion to accept and release the appraisal and to proceed to closing on seller acceptance.
Looking ahead, staff said they will wait for the seller’s response to the appraisal and proceed to closing if the seller agrees. The county’s inspection findings about foundation damage will inform decisions about reuse or demolition after acquisition.
