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Commission authorizes appraisals for two downtown properties for possible county acquisition
Summary
The board authorized staff to obtain appraisals on 505 Idaho Street and 531 Court Street to evaluate potential purchase for an administrative complex expansion and parking, using county capital facilities funds to pay appraisal costs.
The Elko County commission authorized staff to secure appraisals on two downtown properties (505 Idaho Street and 531 Court Street) as part of preliminary due diligence for a possible future administrative complex expansion, additional office space and parking. Commissioners discussed the locations and expressed support for pursuing appraisals to inform any later acquisition decision.
Chair Andreozzi disclosed a broker affiliation with one of the properties but stated he had no pecuniary interest and would participate. Staff estimated appraisal costs at about $5,000 each and the commission directed that the requests be paid from capital facilities funds. The motions to authorize the appraisals carried by voice vote; appraisal reports will be returned to the board for consideration before any purchase action.
