Special Board of Aldermen Public Hearing — 12/16/2019 Page 12
Ms. Fauteux
Of course there are some things to be worked out, but | think the Police Department may have some interest in our
facility, the Engineering & Administration Building for a training facility. It makes sense because it is right next to
the Police Department. Also their evidence cage is right behind our building so that may be something that is
done. Short term, the landfill building will probably be used as storage, long-term it will probably be removed as
well as the Park & Rec Building just is really not something we would use.
Mr. Teeboom Those are 2 of those, but the Riverside Building, | don’t know why you want to keep it. It ought to be
sold so you can spend the money, the proceeds to offset the bond on this facility just like you do at Burke Street.
Ms. Fauteux
That won’t ultimately be my decision.
Mr. Teeboom Well that’s these folks decision. Sell it. You have no need for it. It is a substandard building. The
only concern | have with that is the studios inside that building which | helped built. So if you sell the building you
probably want to move the studio.
Ms. Fauteux
Transit also occupies the other half of the building.
Mr. Teeboom But you are not selling the transit building.
Ms. Fauteux
No.
Mr. Teeboom Alright, so you ought to consider doing something with the Riverside Building. The other thing is the
Burke Street Bond, now you still have a bond, it’s going to take a while to pay that off. That's probably what,
another 15 or 20 years remaining on that?
Ms. Fauteux
I’m not sure of the time on that currently.
Mr. Teeboom Ok so you are going to sell Burke Street Building, or you have sold it already for $3.9 million dollars.
Ms. Fauteux
It hasn’t been sold yet; | think mid-February. Director Cummings can speak to that.
Mr. Teeboom Has that building been sold.
Ms. Fauteux
No.
Attorney Bolton
It's under a Purchase & Sales Agreement.
Mr. Teeboom There’s a Purchase & Sales Agreement.
