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Regular   2.
Regular City Council Meeting
Meeting Date:
11/12/2013
TITLE
Public Hearing and Resolution Authorizing the Sale of Property located at 12th Street West and Grand Avenue
PRESENTED BY:
David Mumford
Department:
Public Works
Presentation:

Information

PROBLEM/ISSUE STATEMENT

The Public Works Department has listed for sale the north 100' of Lot 11 (less 1,300 sq. ft. feet for street), Block 4, Sunset Subdivision generally located at the intersection of 12th Street West and Grand Avenue.  The Public Works Department has no use for the property, and it would better serve the public as private property.  Staff has advertised in The Billings Times a public hearing for this date, notified surrounding owners about the possibility of the sale, and requested sealed bids from interested buyers.  The property was also listed for sale in the Billings Gazette.  The sealed bids are due by 2:00 p.m. on November 7, 2013. 

ALTERNATIVES ANALYZED

Council may:
• Approve the property sale; or
• Not approve the sale and provide staff with guidance on the property's disposition;

FINANCIAL IMPACT

There are minimal costs for mailing and advertising the public hearing notice.  Profit from the property sale will go to the Gas Tax Fund.

RECOMMENDATION

Staff recommends that the City Council conduct a public hearing and approve selling the north 100 feet of Lot 11 (less 1,300 feet for street), Block 4, Sunset Subdivision to a bidder who will be determined from the bids received on November 7, 2013.

APPROVED BY CITY ADMINISTRATOR

Attachments