Lease Falls Through - Old City Hall For Sale Again
Last January, the city of Placerville finalized a lease with option to purchase agreement with A.M. Pacific Engineering for the old City Hall buildings at 487 Main St. This January, the buildings are, once again, up for sale...
The restoration project, a combination of public and private enterprises with the city and the engineering firm working together to streamline the process of restoration, began with much enthusiasm, but fizzled when the already extensive damage to the buildings was worse than appeared.
“There is more damage than we first noticed and the lease option agreement fell through,” said City Manager Cleve Morris. “We put it back on the market for the same price, $625,000, but we are still looking at engineering reports and the price may change.”