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Committee rescinds $200,000 offer and forwards $250,000 bid on 328 South 1st Ave to City Council
Summary
The Real Estate Committee rescinded a previously approved $200,000 offer on 328 South 1st Avenue and approved accepting a $250,000 bid from Jeanette Garcia; the committee will forward the acceptance to City Council to consider authorizing the Mayor to convey the property.
The committee took formal action on 328 South 1st Avenue, voting to rescind an earlier approved offer of $200,000 from A. Webb and to accept a $250,000 bid from Jeanette Garcia. The rescission motion was moved by CP Thompson and seconded by Co-Chair Stephanie Vanderpool; the minutes record that the motion passed. The subsequent motion to accept the $250,000 bid and send it to City Council for consideration and authorization for the Mayor to convey the property was also moved by CP Thompson, seconded by Co-Chair Vanderpool, and approved.
Minutes identify the buyer on the accepted bid as Jeanette Garcia and note that the contract for 328 South 1st will be sent to Ms. Garcia. The committee did not record a roll-call tally in the minutes; the outcomes are listed as having passed. The committee’s action now requires City Council consideration to complete conveyance.
