The Economic Development Authority has previously approved the purchase of this property from Scott County and the other Tenants in Common.  The occupants of the building should have relocated by November and the intent is to demolish the structure prior to the winter. 

Terracon has completed an environmental study and found only regulated materials in the property like mercury in thermostats and fluorescent tubes and ballasts.

This is a good bidding time for demolition work.  It is proposed that the concrete from the building will be crushed on site to Class Five material size to be reused for paving and foundation work for the surrounding development.

Demolition costs will be recovered from the Canterbury TIF.  The award of the contract will be at the first meeting in November.