Oxford officials recently announced that they hope to purchase the former Sears Building in the Quintard Mall.
“The purpose of said purchase is to enhance economic development through revitalization of the Quintard Mall,” read a legal notice published in The Star Saturday.
Efforts to reach Mayor Alton Craft were unsuccessful Saturday.
Sears Holdings closed its Quintard Mall store’s doors in July 2016, one of 78 locations shuttered nationwide in an effort by the company to remain profitable.
A Birmingham real estate company put the property up for sale in November, with an asking price of $2 million.
According to Saturday’s legal notice, Oxford leaders plan to offer $1.6 million for the building.
The City Council will take public comments on the proposal at a meeting scheduled for 6 p.m. June 13 at City Hall.