Monday, December 05, 2005

County could move ahead with post office purchase

County could move ahead with post office purchase

Solano County could buy the Fairfield-owned post office property outright, instead of linking it to a previously proposed property swap. The county would buy the building and adjacent land at 600 Kentucky St. for $1.8 million.

It would recoup this money over time by continuing to lease the property to the U.S. Postal Service. Eventually, the Postal Service could relocate and the county could use the property for fleet vehicle storage. County supervisors will discuss the proposal Tuesday....

Fairfield wants to get surplus county property in its downtown at 701 Texas Street. The city would like to sell this property to a developer to knock down the buildings and construct shops and apartments. The property is worth an estimated $950,000. The county was to swap the Texas Street property for the post office. It would have then paid the city about $1 million over four years to make up the difference in value between the two properties....

The post office proposal is only part of a bigger plan for Solano County. Supervisors on Tuesday will also hear about a management plan for the county's 133 properties....

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