Mexico Beach Council receives settlement offer on Parker House

Published: Thursday, February 13, 2014 at 01:44 PM.

The Parker House insurance battle is finally winding down.

After more than two years of back and forth with the insurance company over the Parker House, Councilman Jack Mullen revealed at last week’s pre-agenda meeting that an offer of $174,000 has been received for the remaining damages.

In the two years since the initial insurance payment of more than $660,000 was received, the city spent $140,000 in rent and upkeep on the burnt out building, leaving just $485,000 to build a new city hall.

If the council decides to accept the offer, it will have $659,000 to put toward construction. As soon as a vote is reached, the council will let Cathey Construction know how and when to proceed with the new city hall.

Plans for the new building have already been finalized and the construction will take place on a different site of the Parker property.

“That’s where we stand,” said Mullen. “We can accept their offer and then no more dealing with the insurance company.”

The council held an executive session on Wednesday, to negotiate a final number with Cathey Construction on building costs.

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