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Council authorizes mayor to execute $135,000 property purchase despite no appraisal; debate over standard practice
Depoe Bay City Council · November 19, 2024
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Summary
Council approved a resolution authorizing the mayor to execute documents for a $135,000 property purchase previously approved at an earlier meeting; a councilor asked why no appraisal had been obtained and staff said appraisal requirements depend on funding source and timing.
The Depoe Bay City Council authorized the mayor to execute closing documents for a previously approved $135,000 property purchase.
Staff explained that the purchase had already received prior approval but the title company requested explicit authorization for the mayor to…
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