Councilman Jeff Smith said PFS has submitted a new offer to buy only the Tier garage for $3.5 million.

The company whose offer to buy the tier garage and two parking lots from Butler was turned down two weeks ago has submitted a revised offer to buy only the garage for $3.5 million, city officials said.

At its March 11 meeting, council voted 3-2 against a proposal from PFS VIII LLC to buy the garage and the two lots adjacent to the City Building for $3.75 million.

Since then, PFS has submitted a new offer to buy only the garage for $3.5 million, Councilman Jeff Smith said.

“You can make more money for taxpayers by selling it rather than keeping it,” said Mayor Ben Smith, who supported the first proposal.

This is an excerpt from a larger article that appears in Wednesday's Butler Eagle. Subscribe online or in print to read the full article.