Romiad to be moved by the end of April

 

The soon-to-be-removed Romiad building on Haugen Drive.

After a lengthy debate, the Petersburg City Council worked out the details of a $210,000 loan to local business-owner Pete Litsheim to move the 29-year-old Romiad building from its current location on Haugen Drive to the lot next to Scandia House on Nordic Drive.

The Petersburg City Council met in a special session on Thursday to discuss the terms of the loan agreement between Litsheim and the Petersburg Economic Development Council (PEDC).

The council members and the mayor, on Feb. 21, had voted to unanimously approve the loan, but some questions arose regarding collateral, title insurance...



For access to this article please sign in or subscribe.

 

Reader Comments(0)

 
 

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2024

Rendered 03/09/2024 16:50