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Council to consider sealed bid of $508,500 for former Furniture Liquidators building
Summary
At a Feb. 5 work session, Radcliff officials reviewed a qualifying sealed bid of $508,500 for the former Furniture Liquidators (FFO) building (identifier '987160'). Councilors said formal acceptance will be placed on the agenda for the next council meeting; closing typically follows within about 30 days of approval.
Presiding speaker opened discussion of a sealed-bid opening for the building known locally as the FFO Building (identifier given in materials as '987160'), reporting one qualifying sealed bid of $508,500 and noting the council’s advertised reserve price was $500,000.
The presiding speaker said the clerk opened sealed bids publicly and that the bidder included the required 10% earnest money (reported in…
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