WATERLOO — The city is planning to sell its former vehicle maintenance building for nearly $200,000.
Members of the Waterloo City Council’s building and grounds committee voted 3-0 Tuesday to recommend selling the building at 1314 Black Hawk St. to local businessman Jim Skarlis.
Skarlis submitted a proposal to purchase the property for $198,000 with plans to spend between $100,000 and $200,000 more renovating the 7,400-square-foot building into an office and warehouse.
The proposal did not indicate what the renovated building would house, but it noted there would be 10 employees.
A second bid was received from Nihad Masic and John Sarwar, who offered $175,000 with plans to install four rotary lifts and utilize the building as an automotive repair shop.
“The numbers speak for themselves,” said Councilman Pat Morrissey, who joined Steve Schmitt and Ron Welper in voting for the Skarlis proposal. “What they plan to do with it speaks for itself too.”
Adrienne Miller, of the city’s planning staff, said the building has an assessed value of $233,000. But the city sought proposals with a minimum $165,000 bid based on known repairs necessary to use it.
Welper noted, “I do know the building requires a great deal of work.”
Community Planning and Development Director Noel Anderson said his staff would draft a development agreement for the property sale to be considered at a future meeting of the full City Council.
The building housed the city’s Central Garage Department, which handles maintenance for the city’s large vehicle fleet, until the operation moved in 2013 to a new public works building on Glenwood Street.
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The city later used the building for a year to house its animal control kennels. It was shuttered in 2015 when the city renewed its contract for the Cedar Bend Humane Society to board stray animals.