The men’s dormitory at the state veterans home in Hot Springs was recently appraised at one dollar, reports KOTA News. The appraisal followed a decision by state officials which determined the building to be a surplus now that a new veterans complex was construct nearby.
An initial appraisal determined the building to be worth -$125,000 which resulted in calls for demolition. However, state school and public lands commissioner Ryan Brunner urged a repurposing of the building for use by the community of Hot Springs. According to state law, state officials must sell the building to another governing entity—in this case, the city of hot Springs.
The property transfer is expected to occur sometime this summer. Renovations, including a new HVAC system, will likely be completed by the fall.
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