Appearing on the KBBS Morning Show yesterday, JOCO First Dave Simonsen discussed the potential sale of the Plains Drive properties where Mountain Meadow Wool is located.
According to Simonsen, the award-winning wool company has paid a discounted rent for the past several years for the building that is valued at $1.5 million…
Despite the discount in rent, the wool company has offered to purchase the property for an amount that is less than a third of the market value for the occupied building…
The proposed sale of Plains Drive property where Mountain Meadow Wool is located is a totally separate issue from the possibility of a software coding program coming to the community.
Simonsen explained the KBJ Economic Development Corporations’ desire to improve the infrastructure at the Bomber Mountain Civic Center is at the heart of the possible sale of the property…
He was adamant that Interapt, the company seeking to bring software coding to Buffalo, has never sought those proposed civic center improvements…
The proposed sale of the property at Plains Drive would provide the matching funds for the grant funding.
The proceeds from selling the property would provide matching funds for a grant that would allow infrastructure improvements to the Bomber Mountain Civic Center, addressing fire code issues that would allow current occupants, like the Boys and Girls Club, to remain in the building.