Offer Accepted!

On Wednesday, January 11, an offer was made on the house at 503 Taylor Street. The offer was accepted the next day with a possible closing date of February 29 (or sooner). On Friday, January 13, the “conditional use permit” with the City of Moscow was filed for approval of the proposed building and site sketch. The Board of Adjustments Committee meets on February 7 to approve the proposal.

In the mean time, we await news on when the bonds go up for sale. D.A. Davidson is currently working on assembling all the paperwork and working with “bond counsel” (lawyers who specialize in bond issues) to make sure all the regulations are followed before the bonds go up for sale. Within about two weeks of the sale, funds will be released so the building project can begin.

Dave Eckes will begin the process of interviewing general contractors soon. Residents at Steel House are providing input on what they’d like to see in a new facility. A final set of plans should be complete by the end of February. Once those are ready, we hope to post them on the blog.

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