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Council discusses sale of library building; staff and library board to continue negotiations
Summary
Council reviewed a realtor's estimate valuing the city's library building at about $500,000 and discussed selling the structure to the library board at a lower price ($250,000'$300,000 suggested) to reduce city operating costs while preserving community services; staff will return with recommended terms including a possible first right of refusal.
Council members discussed a potential sale of the city-owned library building and property during the Nov. 12 meeting, weighing market value against community service benefits.
Staff reported a realtor's estimate placing the building's market value around $500,000 but noted limited comparables. County valuation history shown to council…
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