After returning from executive session at their regular Thursday night meeting, Tucumcari city commissioners voted unanimously to send a non-binding letter of intent to purchase the Wells Fargo building on South First Street. Mayor Pro Tem Antonio Apodaca said the building would cost $1 million.
“There is an opportunity to look at property that is a super-good buy,” Commissioner Robert Lumpkin said. “There’s no monetary risk and there’s no contractual risk to submitting the letter.”
The bank building, if purchased, would be used for both city and Quay County government offices, City Manager Bobbye Rose said. She said having a common building for both government entities would help save the city and the county money.
“We’ve got copy machines that cost us about $75,000 a year. If we could consolidate some of those into one facility, you could almost make a payment off the copy machines itself. There’s a lot of things that we can jointly share. I think it’s a good idea,” Rose said.
She said tentative plans are to keep a section of the building reserved for bank operations.
Wells Fargo officials could not be reached for comment Tuesday.