Page 67
Agenda Information Sheet October 26, 2016 Agenda Item Consider approval to award various bids related to selling city property as advertised for BID 2017-001. Background & Summary of Request: On October 10th, city staff opened sealed bids for four city owned properties, below is a summary of the bids received: Property Address 514 W. Houston 4402 Forrest Trail 1104 Elbert Wells W. Emory
Minimum Bid Accepted $1,000.00 $750.00 $250.00 $300.00
Highest Bid Received $3,100.00 $1,000.00 $1,051.00 No bids received.
Staff recommends accepting bids for 514 W. Houston, 4402 Forrest Trail, and 1104 Elbert Wells. Total revenue from the sale of these properties would be $5,151.00.
