Register Building Sold to Developer

Summary


The East Dubuque City Council has agreed to sell the Register building at 141 Sinsinawa to developers Dave Avenarius and Ron Robertson of Avenarius & Robertson LLC, for $100,000.

At the closing, which is expected to occur in about one month, the developers will pay the city $50,000. The remaining $50,000 is due in two years. However, that total will be reduced by $10,000 for each new enterprise that opens for business in the 120-foot long building. The agreement excludes the establishment of any adult entertainment business on the site.

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Extract


Register Building Sold to Developer

The action was taken at the council session Monday, Jan. 5.

The building was sold in April ...

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