THE Launceston City Council will enter into sale negotiations with Lethborgs over the Killafaddy livestock market if aldermen endorse the action at today's council meeting.
The council last year decided to sell the facility after an independent review found that revenue from stock sales had dropped every year for the past five years.
The facility's operating deficit averaged over five years was $70,267 while the last financial year's deficit was $124,098.
Lethborg's Smallgoods moved to the old Blue Ribbon site at Killafaddy more than six years ago.
Managing director Heath Lethborg announced last year that the company had a $10 million plan to rebuild the site's former processing plant over the next two years.
Aldermen will also be asked to support a council proposition regarding new bushfire building design laws, under the national building code.
The motion is that the council would not undertake any special management of reserves or open space adjacent from private properties to cater for a bushfire risk rating.
In his report to the council, infrastructure services department director Harry Galea said the council's parks department had refused to support any request for special management as it was considered impractical and unsustainable to commit resources given the council's current and future financial challenges.
The council performs fire hazard reduction on 32 parks and reserves across the municipality.
Fuel reduction burning is performed on 17 reserves at a cost of $300,000.