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Peru to buy old motel banquet center

Posted by wlpo on August 13, 2013

A blighted property is coming off the market in Peru, but not because of a developer.

The city is buying the old banquet center building that was part of the former Holiday Inn for $35,000. The city council agreed Monday night to buy it.

All but Alderman Rodney Perez thinks it’s a good move.  Perez says the city will lose money paying to have the asbestos removed and for demolition. Alderman Dave Potthoff says it’s positive for the city.

The city already agreed to buy a larger portion of the old motel last December for $37,000 plus years of legal fees.

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