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03/29/2006: "CC Moves Forward On Carlson Bld"

As previously reported, (Previous story) the County has been looking at the Carlson building for sometime as a possible purchase to address the pressing need for additional space. On Tuesday County Administrator David Goldsmith informed the Council that a tentative agreement has been made between the County and John Carlson to purchase the property, for up to 1.7 million, the final price to be based on an appraisal of the building.

The purchase will be structured in a manner that allows the County to make yearly payments of $100,000.00 to Carlson, at an estimated 5 to 6 per cent for ten years, and then the County would pay off the note by issuing a bond.

Both Goldsmith and Si Stephens pointed out that there would be some savings to the County by moving offices that are now in leased space into the new building, and Ranker pointed out that since the County has already agreed to lease part of the building from Carlson (Previous story) , the County would now be able to save that money as well.