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Pocatello Development Authority to accept donated downtown building; council acknowledges transfer outside urban renewal district
Summary
The council acknowledged and consented to a donation of 244 West Center Street to the Pocatello Development Authority and discussed demolition estimates and funding sources.
The Pocatello City Council voted to acknowledge and consent to a Real Property Donation Agreement under which Monarch Building LLC will donate the building at 244 West Center Street to the Pocatello Development Authority (PDA). The acknowledgment is required by state statute when property is transferred to the PDA outside an existing urban renewal area.
Brent McClain, Planning and Development Director, told the council the PDA intends to remove the existing structure and redevelop the site with future partners. "The owners of the Monarch are gifting it to the Pocatello Development Authority, and the Pocatello…
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