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Stonington accepts $5,111 bid for Pine Street lot; Main Street lots to be advertised
Summary
Trustees accepted a $5,111 bid from Bruce and Jackie Dowdy for a Pine Street property and directed staff to advertise three Main Street lots for bids to be received before the September meeting.
The Board accepted a $5,111 bid from Bruce and Jackie Dowdy for a Pine Street property after opening three sealed bids. President Bruce Dowdy reported the offers from Michael Slinkard ($2,500) and Madison and Jordan Martin ($4,000) before trustees voted to accept the highest bid.
President Dowdy also reported an inquiry about three Main Street lots; after discussion trustees directed staff to advertise the parcels for bids with a submission deadline the Friday before the September Board meeting. The minutes do not specify reserve prices or closing timelines.
