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Real Estate Committee to review offers for multiple city properties; moves into executive session
Summary
Several bidders called into a Real Estate Committee meeting to check the status of long-pending offers on city-owned properties. The committee voted to enter an executive session to review the offers and obtain legal counsel before making recommendations to City Council or sending some properties to auction.
At the Sept. 26, 2025 meeting of the Mount Vernon Real Estate Committee, multiple prospective buyers and property representatives urged the committee for clarity on long-pending offers for city-owned parcels, and the committee voted to enter an executive session to review bids with legal counsel.
Anthony Casasci, representing Kimball Property Development and speaking about 52 Mercera, said his client remains interested and had increased its sale offer to $200,000 and provided proof of funds. “We were in contract for this property since December 2017,” Casasci said and asked the committee to confirm the city’s seriousness and provide a timeframe for closing. He also asked for acknowledgment that the city had received his client’s $45,000 down payment.
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