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Land Bank accepts high sealed bids and approves sales for seven properties
Summary
The Fayette County Land Bank on March 30 accepted high sealed bids for seven parcels, including bids from Clinton Black and Jaret Bishop, and voted to proceed with closing sales following unanimous voice votes.
The Fayette County Land Bank Board voted March 30 to accept high sealed bids for multiple parcels and to proceed with sale. The motion, moved by Branen Weade and seconded by Joe Denen, listed accepted bids including Clinton Black's highest offers for 1004 John Street ($7,769.00), 503 S. North Street ($10,269.00), 610 N. North Street ($7,829.00), 1228 E. Paint Street ($27,769.00), 310 Cherry Street ($5,769.00) and 738 E. Paint Street ($27,169.00). The board also accepted Jaret Bishop's winning bid of $20,000.00 for 615 E. Paint Street. Chair Tony Anderson called for a voice vote; all members present voted in favor and the motion passed.
Board members framed the vote as routine disposition of Land Bank inventory following a sealed-bid opening held that day. The accepted bids will proceed to the sale process under whatever closing and title conditions the Land Bank requires; the minutes record unanimous approval but do not list closing dates or contingencies. The accepted-bid motion was recorded in the meeting minutes and is scheduled for administrative follow-up by staff.
