Canal Winchester Village Council agreed last week to allow Guernsey Bank demolish buildings at an old downtown lumberyard, also known as the former Davis Paints site, at 45 E. Waterloo St.

Canal Winchester Village Council agreed last week to allow Guernsey Bank demolish buildings at an old downtown lumberyard, also known as the former Davis Paints site, at 45 E. Waterloo St.

Council voted 6-0 at its Feb. 15 meeting to allow the demolition to move forward. Council President Marilyn Rush-Ekelberry was absent from the meeting. The bank has one year to complete the demolition.

Guernsey Bank wants to tear down the buildings as a first step toward developing this vacant roughly 1-acre parcel of downtown real estate.

According to "findings of fact" leading up to the vote, "Council determines, based on the current condition of the structures on the Davis Paints site, there is little historical significance or historic importance to the structures.

"The structures on the Davis Paints site are deteriorating and would be extremely difficult, if not impossible to renovate. The demolition would create a clear site for new development in the Old town District."

In January, Guernsey Bank appealed to council a December 2009 ruling by the Landmarks Commission that blocked the bank's request to raze the structures.

The Landmarks Commission rejected the request because the bank failed to include a development plan. Village preservation guidelines require development plans to accompany demolition requests for structures within the village's historic areas, such as downtown.The approval for demolition includes a number of conditions:

All buildings, sheds and other structures must be demolished and removed from the property.

All fencing and fence posts shall be removed from the property.

All concrete slabs, gravel, drives, etc. shall be removed from the property.

The site shall be graded and seeded to avoid storm water runoff.

The site shall be mowed on a regular basis and kept free of debris and litter.

All existing regulations that apply to demolition and property maintenance shall be followed.

Any signage used on the property for marketing purposes shall be presented for approval to the Landmarks Commission.

Applicant shall obtain and maintain a performance bond for one year, and the performance bond shall be in place during the actual demolition.

Applicant has one year to obtain the demolition permit and complete the demolition.

Village development director Chris Strayer has said any development of the former Davis Paints site would likely need to include the demolition of the existing structures because it would cost more to get them up to code.