Officials with the City of Sheridan continue to weigh the options of a proposed land trade that encompasses property along East 5th Street and would involve moving the historic locomotive that sits at the corner of Broadway and 5th Street to a piece of property that is located just on the other side of the 5th Street railroad crossing and kitty-corner to where the locomotive is currently located.
The estimated cost to move the locomotive is $300,000 and that amount remains in the budget for the upcoming fiscal year that begins on July 1. City Administrator Stu McRae addressed the proposed land trade at a recent study session of the City Council.
Councilman Aaron Linden proposed looking at other less costly alternatives to moving the locomotive and possibly reducing the amount that’s currently budgeted to move the engine.
A decision on the budgeted amount or to leave the cost to move the locomotive out of the budget altogether is expected at the Council’s regularly scheduled business meeting on June 7. The budget for the City will be adopted by the City Council in the form of a resolution at a special council meeting on Monday, June 14. There will be a public hearing on the budget prior to adoption of the resolution.