Council approves amendment removing additional parking requirement for sale of 131 South Main

Mount Holly — The City Council on Feb. 9 approved a third amendment to the purchase-and-sale agreement for 131 South Main Street with RR Renovations that removes a previously required provision for additional public parking.

City Manager Blanton outlined the history of the transaction: the city previously agreed to sell the property for $600,000 and the buyer (RR Renovations) had proposed a main-level restaurant of about 1,200 square feet and roughly 5,868 square feet of basement office space. The amendment before council removes the requirement that additional public parking be provided with the sale because staff determined the earlier conveyed parking easement already satisfied that obligation.

Blanton told the council that, if the third amendment is approved, the parties were set to close on or before March 31, 2026, and he said closing was likely on Feb. 10 at 2 p.m. He also said the buyer would pay all closing costs. After a motion from Mister Reeves and a second from Miss Harris, the council approved the amendment.

What the amendment does and does not do: The amendment removes the additional public-parking requirement; it does not change the sale price ($600,000) or the buyer’s obligation to pay closing costs, as described by city staff. Blanton said staff is prepared to address tenants’ questions and any remaining details before closing.

Next steps: With council approval, city staff said the conveyance can proceed toward the stated closing timeline.