Less than a month after purchasing the former Murphy Motors building the city of Hannibal will listen to proposals for the property from prospective buyers.
During Tuesday night's City Council meeting it was decided to accept written proposals for the North Main Street site. The Council will review the plans in closed session at its Dec. 4 meeting. Those considered viable will be invited back to the Council's Dec. 18 meeting to further explain their vision for the property.
During the course of Tuesday night's discussion it was apparent that the Council is not interested in leasing the property.
Mayor Roy Hark stressed that the city will not take less than the $220,000 that it paid for the lot and building.
"We're not going to give this away," he said.
Since money from the Park Fund ($88,000) and Tourism Fund ($33,000) was used to buy 422 N. Main St., Councilman Kevin Lionberger wanted assurances that those funds would be paid back in the event of a sale.
Mayor Hark noted that just because the city will listen to proposals it's under no obligation to sell the property.
Councilman James Hark said someone seeking to buy the property will have to present a sound plan and have the assets necessary to carry out the proposal.
In other business:
• The Council approved a resolution of intent to begin refinancing its 2008 revenue bonds. By retiring the bonds two years early the city anticipates a total savings of $240,000 to $270,000.
• A bid waiver was granted for narrow banding the city's outdoor warning system. The proposal approved will cost a little over $35,000.
• The Council authorized the mayor to enter into an agreement with the Missouri Division of Tourism for a $5,000 matching grant by participating in the Cooperative Marketing Program.
• A certificate of appreciation was given the Hannibal Arts Council (HAC) by the Hannibal Convention & Visitors Bureau in appreciation of its efforts in organizing and hosting the 36th Autumn Historic Folklife Festival. In turn, Michael Gaines, executive director of the HAC, thanked the city for its support in staging the popular two-day event.
• An agreement between the city and U.S. Bank, N.A. was approved. The firm will provide bank depository and related services to the city and all covered entities. U.S. Bank submitted the lowest bid, according to Doug Warren, city finance director.
• The Hannibal Jaycees were given permission to stage their annual Christmas parade on Saturday, Dec. 1. The event will begin at 6 p.m.
• The Jaycees' request for use of city property for its annual Wing Ding on Jan. 26 was also approved.
• Approval was given an amendment to the court administrator's job description. The change will make the court administrator exclusively responsible to the city manager.
Page 2 of 2 - • The city's revised Handicap Park Policy was approved. The policy does not contain a fee.