The clock is ticking on the future of a historic gas station in Calgary, but a council committee has put off a final decision on what to do with the Eamon's building until June.

The 1950s-era building was removed from its longtime home in northwest Calgary last year to make way for a LRT park-and-ride lot.

It is now in storage, but no private investors have come forward with bids to reuse the building.

The city has budgeted $280,000 to move Eamon's, put it in storage and move it to a future home.

Ald. Andre Chabot says if no one wants it, the city should cut its losses.

"It may be a unique kind of a building but it can easily be reproduced today using modern building practices and building materials that would make it more energy efficient and still retain of all the architectural pieces that the current building has," Chabot explained.

"It's not a unique building — it's a wood construction garage with stucco."

Other alderman say they are confident a deal for Eamon's will emerge.

A decision must be made in June as to whether the garage will be returned to the LRT park-and-ride lot.