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Sebring council directs staff to proceed with purchase of 126 West Center property for $1.4 million
Summary
Council moved May 20 to proceed with purchasing the building at 126 West Center, authorizing staff to continue during the due diligence period; staff outlined expected repair costs for elevators, roof and HVAC.
The Sebring City Council approved a motion May 20 directing staff to continue with acquisition due diligence for the property at 126 West Center and to proceed with closing at the purchase price of $1,400,000.
City administration staff summarized the condition and estimated near-term repair costs for the building. Scott (city administration) said there are three elevators: one…
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