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Council approves six‑month option to pursue purchase of 310 Israel Road for potential city hall
Summary
Council authorized the mayor to sign a purchase‑and‑sale option agreement for 310 Israel Road that secures an appraised purchase price (2023 appraisal $15,580,000), requires a $100,000 option payment applied to acquisition if completed, and gives six months for due diligence on financing and retrofit costs.
City Administrator Paul Simmons presented a proposal to secure a six‑month purchase‑and‑sale option on a 95,000‑square‑foot building at 310 Israel Road as a potential new city hall. Simmons said the option requires a $100,000 deposit that is non‑refundable if the city does not proceed, but would be applied to the purchase price if the acquisition moves forward. The option secures a purchase price tied to a 2023 appraisal of $15,580,000.
Simmons said the option period would give staff time for financial analysis, debt‑cost estimates, a deeper design review with consulting partners (the Artisans Group had provided preliminary design concepts) and an assessment of ongoing operating costs and potential revenue from leasing a portion of the building. Council discussed the campus of public facilities concentrated along Israel Road and a plan to repurpose the existing city hall as a public health and safety complex should the move occur.
Council voted to authorize the mayor to sign the option agreement; staff will proceed with due diligence and return with more detailed financial estimates and recommendations.
