Terril, IA (KICD) — The Terril City Council has agreed to deed a vacated bank in downtown to an Estherville developer. Mayor Julie Thiesen said four individuals had expressed interest, but only one submitted a plan.

Thiesen says goal number one was to prevent the building from deteriorating further, or being torn down.

Kilgore plans to use the building as a party venue, but will be willing to rent it out to a business as well – which would be the council’s preference.