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Council sets $250,000 minimum bid and moves sale of city lot (resolution 175)
Absecon City Council · October 7, 2025
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Summary
Council pulled resolution 175 from the consent agenda to set a minimum starting bid of $250,000 for block 29.01, lot 2, then approved moving the resolution to authorize auction; staff said assessed value is about $242,500 but exact assessed value was not produced at the meeting.
The Absecon City Council removed Resolution 175 (the proposed sale of a city‑owned lot) from the consent agenda on Oct. 2 to set a minimum auction bid and vote on it separately.
City staff said they did not have a minimum bid…
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