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Council rejects low bid, accepts $10,800 offer for 524 E. 6th to be finalized June 2
Summary
A single bid of $10,050 for the city lot at 524 E. 6th was initially rejected because 90% of the declared value required $10,800; the bidders, Sid and Dani Bice, raised their offer to $10,800 and the Council agreed to accept it at the June 2, 2025 meeting.
The City of Gregory received one bid for the lot at 524 E. 6th: Sid and Dani Bice submitted $10,050. Councilmembers noted that 90% of the declared value required $10,800 and voted to not accept the $10,050 bid. After further discussion, Sid and Dani Bice increased their offer to $10,800; the Council said it would accept that $10,800 offer at the June 2, 2025 meeting.
No conveyance was completed during the May 19 meeting; the Council's action was to reject the initial lower bid and conditionally accept the raised offer pending formal acceptance on June 2. The minutes do not record any competing bids or additional conditions attached to the acceptance.
