OXFORD — The City Council on Tuesday approved an agreement with a firm to find a buyer for the former Sears building in the Quintard Mall.
Mayor Alton Craft told the council the agreement is needed before the company can look for potential buyers. The proposed selling price is $1.65 million.
The firm, Realty Link, is headquartered in Greenville, S.C., but has offices in Vestavia Hills.
According to the mayor, the firm approached the council about the agreement during a recent work session. Craft said city leaders are optimistic that the company will find a suitable tenant.
“They have a good reputation,” he said.
The city bought the former Sears building in October for $1.5 million. City officials said at the time that they did so to have a say in the kind of business that would ultimately set up shop there.
Since November, the city has allowed use of the building to a company that runs an animatronic dinosaur exhibit. But the attraction’s last day will be Saturday.
In other business, the council
- Approved the condemnation of a fire-damaged home at 602 Spring Street.
- Declared a 1974 Hyster Low Boy Trailer as surplus.
- Rescheduled its next meeting to March 15 at 6:30 p.m.
Oxford to hold update on downtown streetscape project
Oxford officials on Friday will update the public on a $2.2 million streetscape project for the downtown area.
The event will be held at 9:30 a.m. at the Oxford Performing Arts Center.
Hunter Gentry, director of Main Street Oxford, said representatives from the construction company and architectural firm associated with the project will be at the event and take questions from the public.
Gentry said the city has held several such meetings over the past few months, and they have seen great turnout.
The Oxford City Council approved the streetscape project in 2015. It includes removing utility poles and redesigning the sidewalks with more green space.
City officials broke ground on the project in November.