Siloam Springs Makes $300,000 'Mistake' - KAIT Jonesboro, AR - Region 8 News, weather, sports

Siloam Springs Makes $300,000 'Mistake'

April 8, 2006 - Posted at 12:46 p.m. CST

SILOAM SPRINGS, Ark. (AP) _ The city of Siloam Springs has spent

more than 300-thousand dollars on a commercial building that

officials have decided not to use.

The plan was to use the building for a library, but renovation

estimates from the original 100-thousand dollars rose to more than

half a million. City officials also began thinking Siloam

Springs would need a larger building, and there were legal issues

after the city demolished the interior of the building without

written consent from the owner.

The city and building owner Max Albertson recently signed

documents releasing Siloam Springs from its contract to turn the

building into a public library. The city bought out its lease for

200-thousand dollars after spending more than 100-thousand either

on rent or preparations to renovate the building.

City board member Mark Long conceded the project was a mistake

but said he was relieved the city was out of the deal. He said the

city had gotten in too big of a hurry.

(Copyright 2006 by The Associated Press. All Rights Reserved.)

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