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Hayden sets June 17 sealed-bid auction for Dakota Street parcel to help fund public-works purchase
Summary
The Hayden City Council voted to list a roughly 4.85-acre city-owned parcel off Dakota Street for public auction on June 17, using sealed bids and without engaging a real-estate agent; the sale aims to help fund the city's purchase of a new public-works site.
The Hayden City Council voted on May 13 to list the city's roughly 4.85-acre parcel off Dakota Street for sale by public auction on June 17, using sealed bids and without hiring a real-estate agent.
Council set the auction following a statutorily required public hearing and a staff presentation explaining that state law requires public auction to the highest bidder. Staff said the parcel sits in a light-industrial zone and that the council previously set a minimum price based on an appraisal: $7 per square foot.
City staff described marketing options, including the limits of placing the parcel on the local multiple-listing service without a hired broker. Staff also noted an…
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