GREENVILLE — Although unforeseen circumstances postponed a remodeling project at AAA Insurance in Greenville, the city has approved renewing a previous purchase agreement so the company can continue where it left off.
During Tuesday’s Greenville City Council meeting, the council approved a purchase and sale agreement for the sale of city-owned property on Lafayette Street Park to AAA Insurance owner Roy LaMarte.
“This may be a little familiar,” said City Manger George Bosanic, explaining how the council previously approved the agreement in 2010.
Bosanic said LaMarte previously asked about purchasing a portion of the land at the park to construct an elevator, which he wanted to include in his remodeling project that focused on the second and third floors of his building located at 210 S. Lafayette St. The previous purchase agreement was good for two years, expiring this Friday..
“There were some events that he didn’t anticipate, which was a fire in his building,” said Bosanic regarding a fire that occurred in December 2011.
Because of the fire, the focus of the remodeling project had LaMarte other floors of his building.
The purchase price in the agreement will remain at $572.04 and the agreement will expire in 2014.
Bosanic said if LaMarte were to sell the building and a new owner would still want to purchase the property from the city, the agreement would be able to be carried over to new owners.
“It’s a possibility,” Bosanic said of the selling of the building. “It might not happen, but (we) wanted that in there.”
In other business, the council approved…
• The annual permit performance resolution for government bodies to the Michigan Department of Transportation.
• The recommendation of 15 cents per page for copying of city documents when requested by the public.