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Milan board approves second reading to raise local real-estate sale threshold and authorizes surplus-property sale
Summary
The Milan Town Board approved a second reading of an ordinance to raise the local threshold that governs negotiated sales of town real property under Indiana Code 36-1-11.5 and passed a resolution declaring a parcel surplus and authorizing publication of bids.
A staff member presented an ordinance to raise Milan's local threshold for negotiated real-estate sales, telling the board the change would allow the town to pursue a sale process when a property assesses above the statutory $15,000 exemption but does not attract bids at fair market value. The staff member said the proposal would align local practice with Indiana Code 36-1-11.5 and discussed using two recent appraisals to set an appropriate local threshold, mentioning a target figure discussed around $37,500.
The board moved to approve the ordinance on second reading; a council member (S4) made the motion and S1 seconded, and the Chair (S3) called the question. Members voted in favor. Following that action, staff presented a resolution that would declare the identified parcel surplus and authorize publishing notice and soliciting bids. The resolution would require the town to offer the property at the average of the two appraisals first, then, if there are no acceptable bids, to allow negotiated sales at a lower price under the prescribed process. A member moved and seconded the resolution; staff said they would publish the notice and open offers at the next meeting.
Why it matters: Raising the local threshold would expand the town's administrative flexibility for disposing of small parcels that otherwise fall outside the narrow statutory exemption. The resolution starts the formal bidding process for the particular parcel discussed and sets the timeline for offers to be opened at the board’s next meeting.
Board next steps and context: Staff indicated the bids will be published in the local paper and that offers would be opened at the board’s next meeting. The ordinance discussion referenced recent appraisals and prior action on the measure; members did not request amendments to the language during the second-reading motion. The measure proceeds as a local regulatory change under Indiana Code 36-1-11.5.
