Appraisal Shows History Museum Overpaid For Land
ST. LOUIS, MO (KTVI)– A real estate purchase that eventually prompted the resignation of the head of the Missouri History Museum is back in the news.
The Missouri History Museum’s effort to bridge the racial gap in St. Louis included plans for a multi-million dollar community history center here in the 5800 block of Delmar.
But that never happened, and now an independent real estate appraisal shows the land is worth about $220,000 and has a negative market value if you include necessary environmental cleanup.
Jerome Glick is a publicly appointed member of the Zoo-Museum District Board that distributes taxpayer dollars to cultural institutions including the history museum.
A statement from the history museum says private contributions were used to buy the land. The head of the museum Robert Archibald, who resigned recently, handled the negotiated purchase.
But right now under a new arrangement publicly appointed commissioners and the museum trustees will share budget decisions.
The debate will continue next month when the Zoo-Museum Board must decide if the history museum will continue to receive tax dollars.
The St. Louis City Circuit Attorney is also looking at the land deal.