EAST LIVERPOOL - A downtown building that has seen better days is slated for demolition after the property is transferred to a local legal firm.
During a meeting Thursday of the Community Improvement Corporation (CIC), members agreed to accept the former Sherwin-Williams building at 130 E. Fifth St. from the city and then transfer it to Court Partners Inc.
Planning Director Bill Cowan had said prior to the meeting, the building is going to the Aronson, Fineman & Davis law firm next door. He said the Sherwin-Williams building has deteriorated and the roof has collapsed in the rear, causing rain water to run into the law firm's building and causing damage to the foundation, walls, structure and personal property.
Court Partners Inc. plans to demolish the building and has, in fact, already had an independent laboratory conduct an asbestos survey to be sent to the Environmental Protection Agency along with a notice of demolition, Cowan said.
The agreement approved at the meeting noted the city had sent an order to repair or demolish the building in December 2011 to then-owner Dale E. Wynn, who failed to comply. The property was placed in foreclosure and was forfeited to the city when it failed to sell.
The agreement states Court Partners will try to complete demolition within six months.
Thursday's meeting also constituted the CIC's annual reorganizational meeting, with board of trustee members and corporate officers selected. All seated members and officers were re-elected for the coming year.
Board of trustee members, whose terms end in Jan. 2015 are Charles Wade, Fred Kane, Fred Emmerling, Al Fricano, Dan Dietz and Stephen R. Sant.
Corporate officers are: Cowan, executive director; Sam Scafide, president; Fred Kane, vice president; Dan Dietz, treasurer; and Charles Wade, secretary.
In annual financial matters, checking account activity for 2012 showed receipts totaling $634,185 which included loan payments from three companies totaling $4,637; $174,522 in mineral rights for the soccer fields; and $455,000 in a loan from 1st National Community Bank.
The loan was secured as part of a plan that made the final payment for the former Riverview Florist property and was, in turn, loaned to the city.