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Hagerstown council terminates contract for 149 North Potomac after study finds multi-million-dollar stabilization costs
Summary
The Mayor and City Council voted in a Nov. 4 special session to terminate the city's contract to purchase 149 North Potomac Street after a staff study found immediate stabilization and repair costs in the multi-million-dollar range.
The Mayor and City Council voted in a Nov. 4 special session to terminate the city's contract to purchase 149 North Potomac Street after a staff-commissioned study showed large, immediate stabilization and repair needs.
City staff explained the purchase contract included a 60-day inspection and study period that ran from Sept. 11 to Nov. 10. Jim Bender, city engineer, and planning staff said consultants found the building's "as-is" condition would require multi-million-dollar work to stabilize and reposition the structure; staff…
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