Bank to locate in city
Bank unveils plans for Lansing
First National Bank of Leavenworth and the city of Lansing are completing negotiations for the sale of city-owned land at the southeast corner of West Mary and Main streets. The bank wants to open a full-service, 14,000-square-foot bank on the land. The Lansing City Council approved the sale Thursday, Oct. 6.
A new bank is coming to town.
Lansing City Council, in a 5-3 vote Thursday, directed Mayor Kenneth Bernard to complete negotiations for the sale of city-owned land at West Mary and Main streets to First National Bank of Leavenworth.
The bank will pay $550,000 for the land, which the city purchased several years ago for $160,000, said City Administrator Mike Smith.
For three years, the city has been marketing the site, trying to lure a restaurant or retailer. Those council members voting against the sale - Andi Pawlowski, Billy Blackwell and Dee Hininger - voiced support for city efforts to stay the course in luring a business to the site that would produce sales-tax revenue for the city.
Council member Robert Ulin, who voted in favor of the sale, reminded his colleagues of the city's failure to land a restaurant or retailer. He punctuated his statement with the reminder, "A bird in the hand is worth two in the bush."
First National officials want to build a 14,000-square-foot, two-story full-service bank. The cost is estimated at $2 million.
For more on the bank plans, see Thursday's Current.