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3. The purchase of the Equitable Building will require the counfiy to conduct <br />further studies on the future use of the Senator Block and Franklin Building, including <br />possibly reconsideration of the joint development project with the Transit District. <br />D. RISKS AND LIABILITIES <br />1. The county has not conducted a detailed study of the Equitable Building to <br />determine its structural condition, state of repair or income and operating expenses. <br />2. It is also located two blocks from the courthouse which makes travel for <br />departments like the District Attorney more difficult. <br />3. The county will also need to evaluate future use of the Senator Block if that <br />property is not r~developed for county offices. <br />4. In the event that voter approval is required to fund the purchase of the <br />Equitable Building or build a new Public Service Building, it may be difficult to obtain voter <br />support given the importance of detention, health and criminal justice facility needs that <br />have been identified by the committee. <br />5. Regardless of whether the county purchases the Equitable Building or <br />constructs a new Public Service Building, it should engage in careful, thorough planning <br />concerning the transportation impacts of additional facilities on downtown Salem. <br />E. RECONIlVIENDATION <br />1. Consider purchase of the Equitable Building, which is located one block north <br />of the Senator Building. The building appears to contain sufficient square footage and <br />parking to meet the county's space needs for the next 20 years. It also meets the county's <br />goal of consolidating departments and is one of the least cost options of all the alternatives <br />considered. A detailed-study of the building must be completed as soon as possible to <br />determine if the building is the most cost effective solution for meeting the county's <br />PAGE 3 <br />ksj/cd/Downtown. 03/10/95 <br />