Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Land Sale topic
No spam. Unsubscribe anytime.
Sebastian council approves sale of Bailey Drive surplus lot to Spirit of Sebastian LLC for $166,000
Summary
The council approved the sale of a surplus lot on Bailey Drive to Spirit of Sebastian LLC for a purchase price of $166,000; staff said the closing would occur within 45 days and a representative of the buyer told the council they intend to close as soon as possible.
The Sebastian City Council voted to approve a sale agreement for a surplus parcel on Bailey Drive to Spirit of Sebastian LLC for $166,000.
Staff told the council that Spirit of Sebastian LLC submitted the winning bid for ITB 26-01 and that, if the agreement is executed, the closing would occur within 45 days. During public input, a representative identified in the record as Roberto of Roberto Sebastian LLC said the purchaser would work with staff and "close as soon as possible." The council moved and approved the item by roll call; all members present voted yes.
The council’s packet noted staff received a single bid for the property and that the submitted price exceeded the appraised value. The motion approved tonight authorizes staff to finalize the sale and proceed to closing consistent with the purchase-and-sale agreement.
