The Decatur Urban Redevelopment Authority will meet at 6:30 p.m. Monday to discuss the purchase of the Callaway Building from DeKalb County.
According to a sales agreement posted on the city website, Decatur would pay DeKalb County $5,089,300.00 or $25 per square foot, which ever is greater.
The land would be developed into mixed use residential-commercial, according to the Atlanta Business Chronicle.
The building and surrounding property is located at West Trinity Place and McDonough Street, between Decatur High School and the DeKalb County Judicial Building.
The members of the authority--to be reappointed Monday--are the city commission members.
In the meantime, the city would least 2,392 square feet on the third floor of the building for municipal court space. The city is renovating the Beacon Hill Complex where the police station and municipal court has been located.
After the Urban Development Authority meeting, the Decatur City Commission meets at 7:30 p.m. in city hall.
Residents can watch the meeting on live streaming video on their home computers by going to the city website.
The commission meetings will still be rebroadcast on Comcast channel 25 at 2 p.m. Saturday.