The Glenwood City Council is being encouraged to consider putting its existing City Hall building up for auction if and when the time comes to sell.
Glenwood auctioneer and real estate seller Allan Hughes told council members at their regular meeting last Tuesday he’s already been contacted by several potential buyers for the building since an article published in the Nov. 16 edition of The Opinion-Tribune announced the city’s desire to purchase the former Church of Jesus Christ of Latter Day Saints building at the intersection of Sharp and Vine Street. The city council has approved the purchase of the LDS church building for $85,000 with the intent of remodeling the structure for the relocation of City Hall, the Glenwood Municipal Utilities office, Glenwood Police Department and possibly the Glenwood Area Chamber of Commerce office into the building.
“I’ve been approached from a lot of people about this building (City Hall),” Hughes said. “I’ve had a lot of interest in this building already. I think you have a product that is pretty valuable.”
Hughes said he believes the city and its taxpayers would get more money for the building from an auction than they would through a sealed-bid process.
Glenwood city attorney Matthew Woods was not present at the meeting to advise council members on the potential sale procedure, but city officials believe they’ll have the option of selling the property through sealed bids, an auction or by accepting offers from a standard real estate listing. No action would be taken without a public hearing and approval of the city council.
The relocation of City Hall and the sale of the existing building at 107 S. Locust St. likely wouldn’t take place until late 2012 or 2013.