On Bloomington’s city council meeting agenda for this Wednesday is an $8.75-million real estate deal.
Councilmembers will be deciding whether to approve a purchase agreement for the western part of the former Showers Brothers factory building that houses city hall.
The agreement was approved by the city’s redevelopment commission (RDC) in mid-July for a half-million dollars more, but after due diligence was done, in mid-November, owner CFC Properties agreed to the lower $8.75-million figure.
It’s part of Bloomington mayor John Hamilton’s plan to put both the city’s main police station and fire department administration in the same historic city hall building. The proposed move is part of a bigger plan estimated at over $30-million—which includes reconstructing the flood-damaged Fire Station #1 and remodeling Fire Station #3.
Even though the city council late last year already approved the issuance of $29.5 million in bonds, it delayed approval of the building purchase to take more time to scrutinize the numbers.
The approval of the building purchase is part of the same agenda item as the ordinance that appropriates the bond proceeds.
Still a part of the meeting information packet is the text of a potential amendment to the ordinance, sponsored by Ron Smith, which would strike the council’s approval of the Showers building purchase from the ordinance. Continue reading “3 committee meetings later: Bloomington city council now set for vote on purchase of former Showers Brothers building for future police-fire HQ”












