WORTHINGTON — Director of Community Development, Planning, Zoning and Building Services Jason Brisson informed the Worthington City Council during its Monday night meeting that Hotel Thompson receiver Lighthouse Management Group was unable to reach a purchase agreement with the building's interested prospective buyers.
As a result, the Thompson will be put up for auction.
Brisson clarified that Lighthouse would not guarantee the prospective buyers a clean title and insisted that the buyer pay all back taxes on the property. These criteria made it impossible for the interested parties to invest in developing the property, he said.
"They're asking more than anybody's willing to put into it," Brisson explained.
Brisson has asked Lighthouse to provide details about the timeline and terms of the auction, but Lighthouse has not been forthcoming. City council members did not feel comfortable proceeding with any action without the pertinent details.
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For more on this story, see Wednesday's edition of The Globe or dglobe.com.
