Plans by the city of La Crosse to buy a loan company building near City Hall are being put on hold, at least until next week.
The building on North 3rd Street, with a billboard on the roof, is considered blighted, and the lot could be used for future development near the festgrounds.
A special city council meeting was held Thursday night to fast-track the purchase of the building for up to $600,000.
But some council members objected, arguing that the city might pay more than what the property is worth.
A realtor has listed the building on-line at $550,000.
With one vote in opposition, the council chose to delay a purchase decision at least until next week’s regular monthly meeting.
The council finance committee voted on Thursday to okay changes in the permit policy for special events.
The committee approved a resolution which could increase permit fees for many annual events in La Crosse, from the current $10 to $60.
Representatives of some local festivals have objected to the changes, including a provision doubling the fee if a permit is requested less than 60 days before the event.