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Village board to pursue sealed-bid sale of vacant downtown building, will set parameters in closed session
Summary
Board members discussed selling the vacant Gilmart building (referred to in the packet as 123 Market Street), reviewed sealed-bid and appraisal methods under state statute, and agreed staff and the village attorney will draft parameters for consideration in a closed session.
The Willow Springs Village Board discussed options for selling a vacant, multi-floor municipal building referred to in meeting materials as the Gilmart property at 123 Market Street and agreed to return in closed session to set bid terms and a recommended minimum.
The village attorney briefed the board on two statutory sale methods: accepting sealed bids after a three-week newspaper notice or obtaining an appraisal and then…
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