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Junction City Land Bank approves $35,000 offer for former Denny’s lot; buyer identified as Candy Properties LLC
Summary
The land bank approved an offer of $35,000 from Candy Properties LLC for a parcel transferred to the land bank after a tax sale. The buyer reportedly owns adjacent property; the transcript includes inconsistent references to the buyer’s legal name.
The Junction City Land Bank approved an offer of $35,000 from Candy Properties LLC to buy a parcel transferred to the land bank from the county after a tax sale.
A land bank member introduced the item as “consideration of the offer from Candy Properties LLC to purchase [the property], in the amount of $35,000.” Another member summarized that Candy Properties reached out to Lance Custer and the speaker and that the buyer “actually own[s] the property south of it, the old luxury import slash old Dairy Queen.” The speaker also said, “I think… Doctor Ramirez is the… head person of this candy properties,” attributing Dr. Ramirez’s involvement to the buyer.
The transcript records discussion that the offering price exceeded prior advertised values: members referenced prior asking prices of $25,000 and $20,000 in earlier discussions. One member said County tax-sale paperwork required review; Lance Custer was noted as wanting to wait to ensure the transfer cleared all tax-sale issues and Miss Edwards was credited with cleaning up other tax-sale items.
A land bank member moved to accept the offer (motion text in the record references “Kennedy Properties LLC” in one line), another member seconded the motion, and members voted by voice. The presiding officer stated the motion carried. The transcript does not include a roll-call vote or named vote tallies.
The record identifies the parcel with a lengthy legal description in the transcript (verbatim in the meeting record). The transcript does not specify the buyer’s intended use for the property, any closing timeline, or any contingencies beyond the general comment that tax-sale clearances were being checked.
Notes: The meeting record refers to the buyer as Candy Properties LLC earlier and to “Kennedy Properties LLC” in a subsequent motion; the transcript does not clarify whether those are the same entity or a transcription error. The land bank’s staff or counsel are not recorded as stating any additional sale conditions on the public record during this discussion.
