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Buyers request 30‑day extension on Kraft Building; 105 W. Washington appraisal pending
Summary
Mayor Bates told the council a realtor said buyers of the Kraft Building asked for a 30‑day extension while contractor estimates are returned. The council was also updated that bids for 105 W. Washington are on hold pending an appraisal; Alderman Elliott asked for a city cost accounting for that property.
Mayor Carl Bates told the council that a realtor contacted him and said the buyers of the Kraft Building were requesting a 30‑day extension to the contract because contractor estimates were not yet available. No formal motion to extend the contract was recorded at this meeting.
Bates also updated the council on the vacated property at 105 W. Washington, saying the city is waiting for an appraisal before taking bids. Alderman Jeff Elliott asked whether the council could see the city's costs associated with that property; the minutes record the question but no financial details or timelines were provided.
The minutes do not indicate a deadline for the extension request or a target date for the appraisal's completion; council direction appears limited to noting the updates and awaiting further information.
