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Council approves sale of surplus Lot 58a (Indian Head Subdivision) to high bidder
Summary
Following a public auction, council approved transferring Lot 58a (Indian Head Subdivision) to Justin and Megan Luther for $7,704; council discussed that a public auction does not require an appraisal.
The council approved the transfer of surplus Lot 58a in the Indian Head Subdivision to the high bidder, Justin and Megan Luther, at a winning bid of $7,704 following a public auction held earlier that day.
City staff described the auction process and said public notice was provided. Councilmembers asked procedural questions about appraisals for public property auctions; staff said appraisals are not required when property is sold via public auction. Council approved the sale and directed staff to prepare the purchase agreement and closing paperwork.
Next steps: Staff will prepare the purchase agreement and finalize the sale documents with the buyers.
