SIKESTON - Sikeston City Councilman Phil Boyer quashed rumors that he will resign from the Council.
Boyer said he believes the rumors got started from him genuinely considering resigning from the Council to free himself up for participation in a development deal that would have presented a conflict of interest issue "due to the new wording that's in the Charter."
Area Properties in Sikeston served as the broker for the purchase of the old Missouri Department of Transportation complex at the corner of Main and Malone from NOVUS Corporation by Koman Properties of St. Louis.
"I was the realtor that sold the MoDOT building," Boyer said. "I was contacted by Koman properties and located the property for them."
The sale was completed March 5, according to Boyer.
"I thought I might have further involvement, which would have been a conflict of interest, but since the transactions closed, I have no further dealings with them," he said. "They develop for a nationwide company that will be coming in there."
He further explained: "If I had been working with part of the development team, I would have had to go in front of the Council and present our plans for the development." As a Councilman with an interest in the development, under the Charter's rules he would have had to leave the room during any discussion related to the development.
Boyer declined to say who Koman Properties would sell or lease the developed property to, but commented: "I think its going to be another great addition to Sikeston and Scott County."
Koman Properties Inc., based in Clayton, is a real estate company specializing in the development of retail centers. Over the past five years, Koman has developed nearly 20 Walgreen stores in conjunction with various shopping center developments throughout the St. Louis metropolitan area.