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Commission advances sale of 305 W. Mercury St. to local developer despite valuation and timeline concerns
Summary
Councilors voted 9–3 to authorize staff to draft a resolution and purchase agreement to sell 305 W. Mercury St. to Jeff Riggs and Keith Waring. Commissioners raised concerns about building condition, tenant impacts, the absence of detailed timelines or clawback provisions, and restrictions on resale.
The Butte‑Silver Bow Council on Nov. 25 voted 9–3 to concur with Communication 2025‑570 and direct staff to prepare a draft resolution and purchase and sale agreement for 305 W. Mercury Street, an uptown building that drew extended debate over its condition, price and future use.
Karen Burns, Community Development Director, told commissioners the RFP recommended awarding the sale to Jeff Riggs and Keith Waring. Burns said the county has some underutilized office space elsewhere and that a draft resolution would follow the council’s direction.
During public comment and the council exchange, Ben Carr, a tenant of the Business Development Building, warned that selling the property at…
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