BEATRICE, Neb. (AP) — The Beatrice City Council has voted to sell the city’s interest in Store Kraft, which went out of business in 2014.

On Monday the council approved a proposal to sell all of its remaining interests to Alexander Plastics Inc., a Dallas-based corporation doing business as Creations Global Retail. The city will be paid $7,500.

City Administrator Tobias Tempelmeyer says no other companies approached the city about such a purpose, and he says the city isn’t sure exactly what stake it has in the fallen company. He says Alexander Plastics was willing to take a risk to find out.