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Broken Bow approves sale of surplus lot with $8,000 minimum bid; sealed bids due May 10
Summary
The council approved Resolution 2024-02 to sell surplus property (Lots 5 and 6, Block 12, J.P. Gandy's Addition) with a minimum bid of $8,000; sealed bids must be submitted by 5 p.m. on May 10 and will be opened at the May 14 council meeting.
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The Broken Bow City Council approved Resolution 2024-02 on April 9 authorizing the sale of surplus real property described as Lots Five (5) and Six (6), Block Twelve (12), J.P. Gandy's Addition to Broken Bow, Custer County, Nebraska.
Councilmember Paul Holland moved, and Councilmember Russ Smith seconded, to approve Resolution 2024-02 with a minimum bid of $8,000. The council recorded a unanimous roll-call vote in favor (Smith, Wassom, Holland). The resolution requires sealed bids to be submitted to the City Clerk by 5:00 p.m. on May 10, 2024, with bids to be opened at the council meeting on May 14, 2024.
The meeting minutes do not record appraisal values beyond the council noting the property is valued at over $5,000. No prospective buyers or public comments about the sale were recorded in the minutes provided.
