The Library would pay $1.2-million for the bank site, pendingthe okay of the library board of trustees when it votes January 23.Closing the deal will permit Carlson Architects to begin the designof the $4.7-million building renovation early in 2001.
Wells Fargo has operated this branch since 1975, but it mayconsolidate Beacon Hill with an expanded Rainier Avenue branch ifthe sale goes through, because it can't find suitableaccommodations on Beacon Hill.
The sale is not exactly a friendly take-over. Judith James, whoruns the Beacon Hill branch, said in a prepared statement that theconsolidation is not the solution Wells Fargo had hoped for. Butunder the threat of condemnation, we feel that this would be thebest for the overall good of the community, she said.
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