Batavia planning $1.25 million downtown land buy

  • Batavia officials will consider buying the Larson-Becker Co. properties on North River Street for $1.25 million. The council will talk about it at a meeting at 7:30 p.m. Tuesday.

      Batavia officials will consider buying the Larson-Becker Co. properties on North River Street for $1.25 million. The council will talk about it at a meeting at 7:30 p.m. Tuesday. Susan Sarkauskas | Staff Photographer

 
 
Posted9/6/2016 5:38 AM

Batavia would pay $1.25 million for the Larson-Becker Co. factory at 106-118 N. River St., under a measure the city council is scheduled to vote on Tuesday night.

According to a memo in the council's meeting packet, the city would use the site's parking lots to provide temporary parking during the construction of the planned One North Washington Place development a block away.

                                                                                                                                                                                                                       
 

The One North Washington proposal calls for more than 180 apartments, plus retail space.

As part of the project, a public parking garage at River and State streets would be demolished, and a new parking garage for the public and apartment residents would be built.

Owners of businesses on North River told aldermen last week they worry there won't be enough parking during construction or once people move into the apartments.

City documents state the city could pay for the Larson-Becker purchase with money in the fund for tax increment financing district 1, or by lending money to the TIF 1 from other city funds.

Opened in 1945, the Larson-Becker Co. sells well and pump equipment.

In 2015, Old Second National Bank filed a foreclosure action on the property.

The company also was sued last year by the estate of Jack Roeser, leading to a judgment for $214,846 recorded against the property.

by signing up you agree to our terms of service
                                                                                                                                                                                                                       
 

A $42,547 judgment was entered as a result of a separate lawsuit.

City documents do not state what ultimately would happen to the Larson-Becker business if the purchase occurs, but indicate that it would be able to stay rent-free in the building until February.

The council meets at 7:30 p.m. at the Batavia Government Center, 100 N. Island Ave.

0 Comments
                                                                                                                                                                                                                       
 
Article Comments ()
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the X in the upper right corner of the comment box. To find our more, read our FAQ.