Hearing planned regarding King's Building financing measure

Thursday, June 14, 2012

With construction starting this week to overhaul the former King's Building, the agency overseeing the renovation effort will hold a public hearing next month regarding one aspect of the project.

Scheduled to begin at 6 p.m. July 16, the urban renewal agency will hold the hearing regarding a proposal to establish a line of credit to temporarily cover final costs to renovate the building.

For the full story, pick up a copy of the Mountain Home News or click on this link to subscribe to the newspaper's online edition.

Comments

View 2 comments

Note: The nature of the Internet makes it impractical for our staff to review every comment. Please note that those who post comments on this website may do so using a screen name, which may or may not reflect a website user's actual name. Readers should be careful not to assign comments to real people who may have names similar to screen names. Refrain from obscenity in your comments, and to keep discussions civil, don't say anything in a way your grandmother would be ashamed to read.

I don't know why our tax dollars are being used to flip/gamble on real estate. Just remember your supposed to make money not loose money on a investment even if its not your money. Why not sell it to WECRD, they have more tax dollars to waste like they've been doing for the last ten years.

-- Posted by gmoney on Thu, Jun 14, 2012, at 12:30 PM
http://www.mountainhomenews.com/story/1777742.html

The building sat empty for a decade and is not up to current codes needed before it can be sold. They also have a potential buyer and even if they didn't buy after all was said and done there is still a much better chance of it being purchased once it is up to code. Otherwise it will continue sit empty, unused, unwanted, and eventually become an eye sore and an attraction for vandals or worse. Was glad to see somebody finally doing something about it!

-- Posted by Delightful on Tue, Jun 19, 2012, at 1:31 AM

Respond to this story

Posting a comment requires free registration:

If you already have an account, follow this link to login
Otherwise, follow this link to register