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Kincaid trustees approve sealed‑bid sale of gifted home at 1102 Springfield St. with $2,000 reserve and 90‑day demolition term
Summary
Trustees voted to offer the gifted property at 1102 Springfield St. for sealed bids with a $2,000 minimum and a 90‑day requirement that the buyer demolish and clear the house; the parcel is in a floodplain and the village noted possible asbestos may require an extension.
The Village of Kincaid will put a gifted property at 1102 Springfield St. up for sealed bids with a $2,000 minimum and a 90‑day requirement that the buyer demolish and clear the site, the board decided Sept. 30. Trustee Lawrence said the village’s fees on the parcel total "six hundred twenty‑nine dollars and sixty‑nine cents," and noted the lot includes an old easement and sits in a floodplain covering about 0.678 acres.
Trustee Lawrence moved to set a $2,000 reserve for both the house and the lots with a 90‑day demolition contingency; Trustee Nelson seconded and trustees voted "All Ayes." Trustees instructed Attorney Rahar to draft contract language specifying that failure to clear the property within 90 days would constitute a breach of contract and would involve the village attorney. Mayor Robert Morris said the board would allow extensions if asbestos is confirmed: "if there is asbestos they will have an extension," he said. The board also said bids will be open for 30 days and that if no acceptable bids are received the Village will assume responsibility to tear down the structure.
