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Administration seeks broker to market 843 Fremont Street; evaluation matrix will weigh price and community objectives
Summary
Administration requested authority to retain Compass Real Estate to market 843 Fremont Street and evaluate offers with a matrix that balances price against consistency with the comprehensive plan and community objectives; staff said proceeds will go to the general fund and there is no outstanding debt on the property.
City administration presented a resolution on Nov. 3 asking council to authorize retention of Compass Real Estate to market, solicit and evaluate offers for 843 Fremont Street.
Director of Economic Development (Director Delfes) said Compass will use an evaluation matrix to score and rank offers and that the city intentionally…
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