So we have an alternative to the Clancy land, a comparable transaction just across Marler Street from there, starting at 52,000, then 100,000 if they buy more. The church is open to negotiating right of first refusal if it decides to sell; there are concerns about the driveway width from the neighbors but he thinks that can be worked out.
The Clancy property is a better site, right across the street from Royal Melvin Heritage Park, and it will accommodate an overpass better. However, it would save almost $3.1 in capital by leasing rather than buying. So there’s pros and cons.
Jerry Miller on voting conflicts: Dewey and Kelly should both obtain because of their property interests. Sandy Trammell has an interest in three properties on Mountain, and Weidenhamer’s SOS Printing is a tenant in one of her properties; however, neither Trammell nor Weidenhamer stands to gain more of a benefit than anyone else on Mountain so that’s not an issue.
Since his last report on the Clancy property, he’s received updated information, including confirmation the mortgage holder has launched foreclosure, which is a big incentive to the owners to sell. Another piece of litigation against the Clancys has been wrapped up.
And the Clancys seem to be working on getting the loose ends wrapped up. “Unlike my previous report when I thought there were an awful lot of issues … many of those black clouds are now gone. We can probably deal with establishing a closing date and documenting all of those pending issues.”
Craig: If the council signed to purchase the Clancy parcel, you believe the city would receive a clear title?
Miller: We know all the conditions that exist, and we have title insurance. I think what you’d need is a supplement to the existing contract updating the title situation.

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