Sale pending, insurance money coming for 411 Union - KAIT Jonesboro, AR - Region 8 News, weather, sports

Sale pending, insurance money coming for 411 Union

(Source: KAIT) (Source: KAIT)
(Source: KAIT) (Source: KAIT)
JONESBORO, AR (KAIT) -

More than half a year after a downtown Jonesboro building burned, a Jonesboro city council committee discussed condemning the property.

In late July 2015, 411 Union caught fire. The building, which housed Eden Medical Spa & Boutique, Noah The Children's Boutique, and multiple lofts suffered significant damage.

Tuesday, the Jonesboro Public Safety Council Committee heard from the attorney of one property owner of 411 Union.

Skip Mooney Jr., attorney for BHJD LLC requested the committee table the condemnation.

"We have been negotiating, trying to resolve all the claims associated with this fire loss. It was a huge matter," Mooney Jr. said. "We have a contract now to sell the property. The closing is scheduled for next Friday."

Mooney Jr. added that money from the insurance company should be in their hands in the coming days so they can start fixing the property.

"It's gonna be nicer than it was, it's going to be up to code," Mooney Jr. said. "The money's coming from the insurance company, a substantial amount of money, to shore it up, get it ready for rebuilding."

Mooney Jr. said the decision has been made to not demolish the building.

"It's a matter of the check getting here, clearing and the contractor getting out there and doing whatever is necessary," Mooney Jr. said.

Despite Mooney Jr.'s request, the council committee voted to forward the issue to the full council. That meeting won't take place for another three weeks.

However, Councilman Chris Moore said the condemnation isn't a done deal.

"If Skip closes that on Friday, when it comes before the full council, I'll make the motion to table it," Moore said. "That'll give you three weeks with no official action by the city."

The council meets again in March.

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