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Lula officials OK deal to take over train depot
0808LULA
Lula City Council voted Monday on a deal to take possession of the train depot in downtown from the Lula Area Betterment Association. In exchange for the deed to the depot, grounds, equipment and contents, city officials agreed to pay LABA $5,000 and up to $4,000 for the organization’s past and present attorney fees. - photo by Carlos Galarza
The city of Lula will soon be taking possession of the train depot property that has been in the hands of a civic organization for more than 20 years. In a special called meeting Monday, Lula City Council accepted a counter-offer from the Lula Area Betterment Association to get the property at 5911 Wall St. under a quick-claim deed. In exchange for the deed to the depot, grounds, equipment and contents, city officials agreed to pay LABA $5,000 and up to $4,000 for the organization’s past and present attorney fees. The terms are more favorable than a previous agreement in which the city would have given a down payment of $2,500 and up to $25,000, if LABA could provide proof of ownership. Three weeks ago, city officials threatened to walk away from that agreement if LABA could not provide clear title within a reasonable amount of time .