Don’t swap, buy
Ketchum shouldn’t swap its Main Street
property for a parking lot near City Hall. Instead, it should buy it.
For $1.3 million, the city could buy the
property it wants to preserve for future underground parking. A spokesman for
Wells Fargo, the property’s owner, said in a hearing last week that it is
willing to sell or swap.
There’s a lot to recommend buying. The
city wouldn’t lose its existing visitors’ center on Main Street or leave it
wandering in search of a far more expensive home. For a fair market price, it
could acquire the land that many see as key to making the increasingly congested
downtown work for both cars and pedestrians.
The city should wrap the land purchase
into a package that includes filling in missing downtown sidewalks and
streetlights.
All Ketchum residents and businesses would
benefit from retaining the option to build underground parking, continuing
visitor information services, and organizing sidewalks and lighting to make the
town truly pedestrian friendly.
The package could be financed as a Local
Improvement District, if approved by voters within the district. The city could
share the cost with properties and businesses in the district.
The City Council will continue a public
hearing on the proposed swap Monday at 5:30 p.m. at City Hall.
Buying the property is a
once-in-a-lifetime opportunity. The city shouldn’t pass it up.