A deal could be struck by Jackson County commissioners this week to sell the historic U.S. Hotel in Jacksonville and divert $1 million of the proceeds to the financially strapped Southern Oregon Historical Society.

A deal could be struck by Jackson County commissioners this week to sell the historic U.S. Hotel in Jacksonville and divert $1 million of the proceeds to the financially strapped Southern Oregon Historical Society.

The agreement would allow SOHS to pay off a $600,000 debt on the History Center in Medford, with the remainder providing operating expenses for about two years.

"If the hotel sells, we can let out a big sigh of relief," said Terrie Martin, president of the SOHS board. "We can stand on our own two feet again."

Jackson County commissioners will decide Thursday (this day has been corrected) on an agreement to sell the hotel.

Several possible buyers have expressed interest in the hotel, but the county is required to put the building up for bid before selling it. An undisclosed minimum bid would be required, though the building is valued at roughly $2 million.

— Damian Mann