San Angelo's City Council will hold a special meeting Tuesday, December 9th. The agenda states:
To deliberate the purchase, exchange, lease, or value of real property (Spur Parking Garage, east of 40 W. Twohig Ave., San Angelo)
A commercial real estate listing for the sale of the Spur Building states:
Very Charming Office Building in central downtown San Angelo. Must see pictures and visit to greatly appreciate the value and characteristics of this one of a kind investment opportunity. Completely refurbished in 1984. A new elevator was installed within the last 4 years. Parking garage attached and accessible to the building owned and maintained by the City of San Angelo.
Councilman Rodney Fleming said he'd close the parking garage in a recent council meeting rather than pay city funds for renovation or refurbishment. The City estimated the project could be completed for $1.8 million, however that would rise to $2.95 million if phased.
What's not clear is the city's legal obligation to provide and maintain the parking garage for Spur Building tenants. That will be interesting to learn.
Update 12-8-14: The Standard Times ran a piece on this topic.
Update 12-10-14: The city will lease the parking garage to The Spur Group LLC.
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