Building demolition will cost town $100K

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The town of Mount Olive faces a $100,000 price tag to demolish two historic buildings in the downtown district.

Town officials say they have exhausted all efforts to preserve the old Center Theatre and Krafts Studio.

Funding has not been set aside to destroy the properties, according to Town Manager Jammie Royall. However, he said he feels like the town can find the money to move forward with demolition.

The town’s building inspector said it will take approximately $46,000 to tear down and clear the Center Theatre Street lot. The Krafts Studio on James Street will cost $42,000.

Royall said if a contract is awarded to demolish the dilapidated structures, it would take about three weeks to complete the project. James Street from John and Center streets would be closed to traffic and pedestrians for safety reasons.

During their January meeting, the town’s commissioners took no action on the buildings’ future. Town officials say the properties’ owner showed no interest in bringing either structure up to code.

Mayor Ken Talton instructed town attorney W. Carroll Turner to begin condemnation proceedings.

“It’s time to move on,” Royall said.

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