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Clayton sets $400,000 minimum bid for sale of plenary retail consumption license
Summary
The council set the minimum sealed-bid price at $400,000 for one plenary retail consumption license and removed location requirements, according to minutes from the March 26 work session.
During old-business review of a draft resolution to sell a plenary retail consumption license by sealed bid, council members discussed the starting price and whether to require a location restriction.
After discussion, the minutes record: "Minimum Bid was set for $400,000.00. No location requirements are needed." That decision fixes the starting price and permits bidders to propose locations without an explicit borough-imposed location limitation.
The clerk had previously asked for confirmation of draft resolution items 2b (starting minimum price) and 2c (confirm location); the council’s action clarified both items at the March 26 session.
