Seminole City Council authorizes purchase of Bank First building for City Hall

The Seminole City Council voted to authorize the city manager to execute a purchase agreement with Bank First for the Bank First building at 201 Second Street.

An unidentified council member moved to "authorize our city manager to enter into an agreement for the purchase of the Bank First building at 201 Second Street" and to "authorize the city manager to execute the proposed real estate purchase contract with Bank First," according to the meeting transcript. The motion received a second and passed on a roll-call vote. Council members Dana Miller, Larry Church, Scott Rossman, Chris Hansen and Jeff Nance voted yes.

The council discussion recorded in the transcript was brief. Council members and speakers indicated the building is intended for use as City Hall; the transcript does not record a purchase price, funding source, closing date or other contract terms. One speaker clarified the plan by saying, "We are entering into an agreement to buy the main first building downtown. They are selling it to us and then they're gonna build a new 1. So we're gonna buy that and use it for city," (transcript excerpt). The transcript includes some uncertainty in the address phrasing; the council recorded the address as 201 Second Street.

After the vote the council adjourned and reconvened as the municipal authority; the minutes show a motion to enter an executive session immediately after the reconvening. The transcript does not record further public details about the purchase contract, funding, or timeline.

Next steps recorded in the meeting are limited to the authorization to execute the contract. Specific contract terms, financing and closing timelines were not provided in the public portion of the transcript.