From Deseret News archives:
Hotel nixes Provo offer
City asks judge to let it take inn for site of arts center
The City Council authorized the use of eminent domain to take the property in December, but Mayor Lewis Billings promised not to exercise the power until the city exchanged additional appraisals with owner Bob Patel for the Travelers Inn at 469 W. Center.
Patel has decided he doesn't want to give up the hotel for the city's cash offer of $850,000, a price set by two appraisers hired by the city. Patel hired two different appraisers who valued the property at more than $1.2 million.
The city has also offered to buy another downtown hotel appraised at $875,000 and trade it to Patel, but he has refused.
"If I have to go and fight for the value in court, I'm going to fight for the whole . . . thing," he said. "If you're in my shoes, what would you do? If you had an appraisal for $1.29 million and were offered $850,000, would you take the $850,000 or would you fight for the $1.29 million?"
The disparity in the appraisals surprised City Council members, who learned of the second appraisals on each side during a meeting Tuesday.
"Is that normal?" councilwoman Cindy Richards asked.
A judge or jury will determine the final price of Patel's hotel if the two sides can't reach a settlement. Utah law allows cities to ask for immediate occupancy while a court case proceeds on the issue of compensation.
If a judge grants Provo's motion for immediate occupancy, the ruling would clear the way for the city to take the property, tear down the hotel and begin serious construction of the $7 million performing arts center. Initial plans called for the performing arts center to replace the former city library at about 450 W. Center, and workers began gutting the building in December, but architects determined more than a year ago that additional land to the west was needed to complete the project.
The city will begin paying penalties to the general contractor if construction can't begin in earnest by the end of March, Billings told the City Council on Tuesday.
"They don't want to pay my price but they are ready to pay the construction people whatever is the penalty," Patel said. "They're going to end up paying more."
Comments
- Eisenhower home oozes charm 5:54 p.m.
- New designation for Clinton Museum 5:54 p.m.
- RDP brings family-oriented 'Joyride II' 5:54 p.m.
- Sculptor turns scrap metal into art 5:54 p.m.
- Art canvas 5:54 p.m.
- Galleries 5:54 p.m.
- BYU exhibit evokes identity questions 5:54 p.m.
- Literary footnotes 5:54 p.m.
- Bookmarks 5:54 p.m.
- 'Murder' exciting, fast-paced tale 5:54 p.m.
- Apostle's wife felt comfort in attack
- Can BYU root for (ick) Utah Utes?
- Short-handed Jazz fly past Sixers
- D-Will home for daughter
- Bench proves fruitful for Y.
- Utes excited for 'dream' game
- Born of water and the spirit
- Snowstorm hits Utah; 1 dead in crash
- GameDay in Fort Worth
- Woods Cross refinery to shut down
- SLC council OKs gay rights policies
354 - Editorial: Mormons and gay rights
199 - Senators want food tax restored
164 - Will state consider gay rights law?
148 - Letters: Strange breed in Utah
129 - Can BYU root for (ick) Utah Utes?
124 - Utes remain silent about BCS
120 - S.L. vote pending on gay protections
113 - Pratt pleads not guilty to sex charges
105 - Celtics crush Jazz
104
If you are looking for a bird on the cheap, the following specials from...
How do you handle kids and contests? Our oldest daughter, 7, is of the...
It is so so sad. I hope the middlemen in all of this will serve jail time as...
TCU up 7-0
I guess that means that there is no excuse for the embarrassments of UT vs....
The joy has just begun. First TCU touchdown in just minutes.
Iris was a very good friend to my family. When we heard the news we were in...
Those are examples of CLASSIC liberals, even JEsus and Bible is an example...
Gotta love Ute fans. "only wins matter, not the score". I've only heard...
Gerald, how about you think about how it might be if one day you woke up not...
I'm glad the title of the article was changed to seem less alarmist.
I hope they put down the mangy pit bull who did this horrible thing to this...


You can be the first to comment on this story.