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City to vet bids, plan fall auction and downtown RFI for city-owned properties
Summary
After an executive session, the City Council president said staff will recheck bidders' proof of funds, prepare recommendations and hold an auction this fall for properties without viable bids; a clustered Request for Information will target development in the Fourth Avenue downtown area.
The City Council president said after an executive session that city staff will reverify bidders’ proof of funds for offers submitted one to two years ago, return with recommendations on those properties, and move remaining parcels without viable bids to a planned auction this fall. “We have slated that an auction will occur in…
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