Consent 1.I.
Regular City Council Meeting
- Meeting Date:
- 07/27/2015
- TITLE
- Resolution Authorizing the Sale of 3510 7th Ave South
- PRESENTED BY:
- David Mumford
- Department:
- Public Works
Presentation:
PROBLEM/ISSUE STATEMENT
On June 22, 2015, the City Council adopted the Resolution of Intent to sell the property located at 3510 7th Ave South, Block 221 Lots 9-12, Billings Second Addition Subdivision. The Public Works Department has no use for the property and it would better serve the public as private property. Staff has advertised for sealed bids from interested buyers and notified surrounding owners about the possibility of the sale. The sealed bids were due by July 16, 2015 at 2 pm. One bid was received from Tom Keller, 926 Avenue C, Billings, MT 59102, in the amount of $500, which is less than the appraised value of the land.
ALTERNATIVES ANALYZED
Council may:
- Approve the sale of 3510 7th Ave South, Block 221, Lots 9-12, Billings Second Addition Subdivision; or
- Not approve the sale of 3510 7th Ave South, Block 221, Lots 9-12, Billings Second Addition Subdivision
FINANCIAL IMPACT
There are minimal costs for mailing and publishing the public hearing notice.
RECOMMENDATION
Staff recommends that the City Council reject the $500 bid for 3510 7th Ave South, Block 221, Lots 9-12, Billings Second Addition Subdivision.