The Logansport Redevelopment Commission voted to approve a $111,860.62 demolition of the Eastgate property at 2813 East Market under Resolution 2026-339. S6 moved the resolution and a second was given; the motion passed by voice vote.
Commission members discussed the site’s prior marketing and the cost of full rehabilitation. S6 said the building’s rehabilitation was estimated at about $1.3 million and that the demolition funding will come from an internal Eastgate Property Fund (fund number recorded in the meeting as 478/4600And51). S1 noted the property had been marketed at a reduced cost with no takers.
Board members also discussed scheduling and weather-related risks for roof removal and the need for retainage in case unforeseen leaks occur after demolition. The motion passed with affirmative voice votes; the record does not show individual roll-call tallies.