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Council approves sale of First Security Bank building; buyer plans multifamily redevelopment

Rock Springs City Council · December 17, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The City of Rock Springs approved a commercial real-estate contract for the First Security Bank building at 502 S. Main St.; buyer Cody Watts said feasibility studies indicate about 17 apartments could be feasible with on-street parking and possible retail on the main floor.

The Rock Springs City Council on Dec. 16 approved Resolution 2025-152, authorizing the sale of municipal property known as the First Security Bank building at 502 South Main Street to buyer Cody Watts.

During discussion of Resolution 2025-152, Cody Watts addressed the council about his redevelopment plans. "I'm looking, doing some feasibility studies right now, but looks like, probably the most viable option is turning it into…

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