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Village examines 201 N. Walnut (silos) as potential downtown parking; rough cost estimate $695,000
Summary
Administrator Jim Claeyssen and CES engineer Adam Bunge presented the asking price ($185,000) and demolition/parking construction estimates for 201 N. Walnut; total rough estimate given was $695,000, and the committee asked staff to consider other locations as well.
Administrator Jim Claeyssen briefed the Committee on a property for sale at 201 North Walnut Street (the silos and Grainary Elevator) as a potential site for additional downtown parking. The asking price is $185,000; CES engineer Adam Bunge provided rough cost estimates: $35,000 to demo two concrete silos, $275,000 to build a 40-space parking lot (layout dependent and subject to ROW limits with the railroad), and $200,000 to demolish remaining buildings and four grain bins. The combined rough estimate presented was $695,000.
Committee members expressed interest in increasing downtown parking but sought options and asked staff to review alternative locations before committing to purchase or demolition. The presentation noted an appraisal and environmental study would be required before any acquisition.
