Edmonds, bank still negotiating on land deal

  • Sun May 2nd, 2010 10:56pm
  • News

Herald Staff

EDMONDS —— City officials will continue negotiations with Cascade Bank on a city offer to buy the former Skippers Fish &Chips property at 102 Main St. for $1.1 million.

Friday, the city countered an offer from the bank, which wanted to reduce from three months to two the time allotted for the city to conduct an appraisal and environmental review of the property.

The City Council made a counteroffer to allow the city more time to conduct an environmental review.

While the city and the bank negotiate the future of the Skipper’s property, city and Port of Edmonds officials will hold separate meetings this week seeking public comment on two nearby waterfront-area properties.

In the first meeting, planned at 7 tonight at City Council Chambers, 250 Fifth Ave. N, the public can weigh in on what the city should consider in its environmental review of the proposed Sunset Landing condominium project on the 4.3-acre Antique Mall property between James Street and Sunset Avenue near the waterfront.

The city April 16 decided to require an environmental review of the property.

The port is scheduled to hold a public meeting from 6 to 8 p.m. Wednesday in the north foyer of Building No. 2 (next to Las Brisas restaurant) of Harbor Square, 120 W. Dayton St., to get public input on the future of Harbor Square, the 1970s-era business park it owns.

For more information about the meeting on Harbor Square, call executive director Bob McChesney at 425-774-0549.