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Kincaid to solicit sealed bids for derelict lot at 1102 Springfield St.

Village of Kincaid Committee ยท September 23, 2024
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Summary

Trustee Nelson proposed putting the village-owned lot at 1102 Springfield St. up for sealed bids with a reserve; the village has $629.69 invested and would require a buyer to remove structures and fill the hole within 90 days.

Trustee Nelson told the committee the village should advertise the derelict property at 1102 Springfield St. for sealed bids with a reserve price, noting the village has $629.69 invested in the parcel and additional fees incurred by Jarred. "Whoever purchases this has three months (90 days) to tear down and fill in the hole," Nelson said, and he asked that the proposal be placed on the next agenda for formal consideration.

Trustees discussed a reserve or minimum and the need for clear buyer obligations to remediate the site; no sale vote occurred at the meeting. The clerk was asked to add the sealed-bid proposal with a reserve and remediation contingency to the next board agenda for a formal motion and possible sale process.