The Jamestown City Council voted unanimously Thursday evening to sell the former Hardee’s property on North Main Street to businessman Roy Patel for $135,000.
During the council’s regular monthly meeting, Mayor Regena Hinton said she had been negotiating with Patel after receiving authorization from the council a couple of months ago.
The city purchased the property in April for $150,000. Hinton said she believes the city will recover the $15,000 difference relatively quickly through property and payroll taxes as well as through monthly revenue from water and sewage usage.
Patel plans to demolish the former Hardee’s building and construct a new convenience-style store with a restaurant.
Councilman William Murray made the motion to approve the sale, with Councilman Barry Coffey providing the second. All six council members voted in favor.
The former Hardee’s building has been vacant and deteriorating for approximately 25 years.
