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Council to auction Cozad property April 22 with minimum bid set at $47,500
Summary
The Martin City Council voted to auction the Cozad property in conjunction with the county, set the minimum acceptable price at the lowest appraisal of $47,500, and scheduled the auction for April 22.
Council discussed the disposition of the Cozad property and voted to sell it by auction in conjunction with Bennett County.
Council member Randy Kocourek moved to set the minimum acceptable sale price at the lowest appraisal value of $47,500; Warren Peterson seconded and the council approved the motion. Council then set the auction date for April 22, with Doug Lucero moving to hold the auction and Peterson seconding; both motions carried unanimously.
The minutes do not list additional sale terms, such as reserve requirements beyond the minimum appraisal price or auction location; city staff are responsible for coordinating the auction with the county.
