The Craig City Council won't call a special meeting to speed up the sale of the Cosgriff property, but members did vote Tuesday to approve a resolution that allows for soil testing to be done before closing.
Darrell and Carol Camilletti offered $130,000 for the 10 city-owned lots.
"If we're going to get started this fall, we're burning the time we have to do it in," Darrell Camilleti said.
He said his plans for the property are in the air and that any comment now would be "speculation."
He's meeting with an architect this week and said he'll have solid answers as to the future of the property in two weeks.
"I want to put something nice there," he said.
One of the possibilities he's considering could be office space for his business, Mountain West Insurance, or office space for other businesses.
"We need to add more space for our operation," Camilletti said.
The city has owned the lots where the Cosgriff Hotel sat since 1996, when it was acquired in a lien to recoup the costs of demolishing the asbestos-infected building.
The city paid $127,000 to demolish the hotel and listed the property in 2000 at $225,000. The price has been dropped since then, down to the current asking price of $175,000 for the 31,250-square-foot space.
"We always hoped we could just cover the costs of demolition and nuisance abatement," Craig City Manager Jim Ferree said. "We're pretty satisfied with the deal. At least we recovered most of our costs."
The property is along Victory Way between Russell and Tucker streets.
The council will vote on the second and final reading of an ordinance that transfers the property at its June 22 meeting.
Christina M. Currie can be reached at 824-7031, Ext. 210 or by e-mail at firstname.lastname@example.org.