$540,000 Value Put on TUMS building
</element><element id="paragraph-1" type="body"><![CDATA[ The Pinckneyville City Council has authorized Mayor Joe Holder to sign agreements with Stuart B. Millner and Associates to sell surplus personal property and real estate at the June 11 auction. The contents of the Technicolor Universal Media Services building are the personal property. The building, which sits on a little over 28 acres, is the real estate.
City Attorney Roger Seibert said he has the necessary documents ready to be signed by a buyer on June 11. The building will be open for inspection on June 10.
The buyer must pay the 2008 and 2009 real estate taxes and honor the lease with Prairie State to hold welding classes there. The sale is subject to all easments, joint use of the private road and mineral rights held by others.
The buyer must pay a non-refundable deposit of 10 percent of the purchase price. The remainder of the funds will be due at closing.
Vernon Carter of K & C Appraisers set the value of the building at $540,000. The city cannot accept a sale price of less than 80 percent of the appraised value.
Mayor Holder said that the smaller items from the building will be offered prior to the 12 noon auction of the building. The larger items will be offered after the building has sold, allowing the purchaser to bid on the equipment.
Economic Development Coordinator Carrie Ford said that the auction company is working every day until the June 11 to be ready for the sale. A 16 page color brochure has been prepared. The brochure can be viewed at www.sbmac.com.
In other business, the Council:
-- heard from Mayor Holder that the city will remain partially self-insured for the next year. The council changed insurance brokers, but will keep the same health insurance."There will be no change in the premium. It's exactly the same plan that we had," Holder said. "This is the lowest cost option." Holder added that the brokers will work with the city to schedule wellness programs that will hopefully attract a better health insurance offer next year.
-- heard from Treasurer Rick Reese that the city owes will pay $42,938 in back pay to members of the Laborer's Local Union for the first two years of the contract. The contract was approved by both parties following the last meeting. Employees received either retroactive raises or a longevity bonus, depending upon their hourly rate and years of service. Reese said that the back pay covers 22 employees. Four of those employees have retired, but would have been covered by the newly inked contract if it an agreement had been reached when the previous contract expired.
-- agreed to pay $38,408 to the Fulton Group LLC for engineering work done on the Cooper B-Line sewer line project. The city has received grant funds from DCCO for the project.