|TALKS TO BEGIN ON BUILDING PURCHASE|
LIBRARY BUILDING 8-6-14 LMS
A lease agreement between the Salmon Public Library Association and the City of Salmon gives the city a right of first refusal if the association decides to sell the building the library now occupies.
Association member Kay McAtee told the August 6 meeting of the Salmon City Council that grants from the Steele Reese Foundation and the Laura Moore Cunningham Foundation have brought the association up to 75 percent of its fund raising goal for construction of a new library building. She said it is time to begin the discussion as to whether or not the city is interested in purchasing the current library building which resides on city owned property and adjoins city offices.
McAtee suggested that if a purchase agreement could be reached without placing the building on the market it would save having to pay a real estate commission and could lower the association’s asking price. Another question was whether or not another appraisal on the building’s value will be necessary if the city wants the building. She was told that if the city decides it is interested in the purchase, to meet state law criteria the city would need an accurate, certified appraisal on which to base its purchase price negotiations. The current appraisal of $334,563 was provided by the Lemhi County Assessor. City Attorney Fred Snook explained that as per state law the city may offer less than the assessed valuation but cannot pay more for the building than the amount determined by an accurate certified appraisal so, yes another appraisal is needed if it is to be sold to the city.
Councilman Ken Hill chairs a library-building committee which he hopes will be meeting the week of August 11 to begin discussions on the possible purchase. He said the committee includes; City Police Chief KV Felker, City Finance Director Amy Fealko, Eagles Lodge member Fred Waidely, Library Board Chairman Ann Loucks, Head Librarian Ramona Stauffer, Lemhi County Historical Society President Hope Benedict and Ken Beller of McPherson’s Fine Furniture and Clothing Store. All told, the committee represents the city, the library, the Eagles Lodge, the Library, the Museum and local businesses.
Hill will update the City Council on what comes from the committee discussions.
Want the latest headlines as soon as they are added?
Check out our new News Alert subscription service.
Table of Contents - - New Articles
Leslie Shumate Home Page - View Our Home Town - Salmon Valley Chamber