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Board rejects single elevator bid, authorizes staff to list Horace property after bidder speaks
Summary
The board voted to reject a single auction bid for the Horace elevator as below reserve, accepted the land committee’s recommendations and authorized staff to list the property for sale with realtors after a winning bidder addressed the board and provided a support letter and a city resolution.
The Metro Flood Diversion Authority on Aug. 28 moved to reject a single auction bid for the Horace elevator and authorized staff to list the property with commercial realtors after discussion in the land management committee and a presentation by the auction winner.
Commissioner Breitling reported that the land-management committee recommended rejecting the single bid because it was "dramatically less than the reserve required on that property" and recommended authorizing the technical committee to negotiate with one or more realtors to list and market the property. "Since we're looking to try to save the…
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