Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Real Estate topic
No spam. Unsubscribe anytime.
Council approves listing First Security Bank building after debate over prior offers
Summary
Council approved a resolution to retain a real estate broker to list the First Security Building (502 S. Main St.) after discussion about existing offers; a motion to table failed and the resolution passed with one recorded no vote from Councilor Malonis.
The Rock Springs City Council approved a proposal to retain Brokerage Southwest to list and sell the First Security Bank building at 502 South Main Street after a session of discussion about whether the city should wait for potential private offers.
Councilor Malonis questioned why the city would hire a realtor when council members had previously discussed offers. A council official responded that, "there are presently no offers on the table," explaining that a prior motion to bring an offer from another party back for consideration had been defeated at the previous meeting. The council debated whether to table the matter; a motion to table received no second and therefore failed.
After debate the council voted to approve the resolution to engage real estate services. The clerk recorded one dissent: "Resolution passes with Councilor Malonis voting no." Staff said a realtor is needed to handle listing logistics and paperwork if and when offers are presented.
Next steps: the city will proceed with the broker engagement and continue to review any offers as they are presented to the council.
