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Item No. 16 <br />memorandum <br />TO: City Council <br />John Godwin, City Manager <br />FROM: Gene Anderson, Finance Director <br />SUBJECT: SALE OF CITY PROPERTY <br />DATE: September 22, 2015 <br />BACKGROUND: The City Council directed the City staff to auction off City property located <br />at 811 Bonham Street (old Police building) and 616 W. Washington (old Health Department <br />building). The Health Department building is jointly owned by the City and County. The County <br />is agreeable to the sale of the property. Rene Bates Auctioneers was contacted about the <br />information necessary to auction the property. <br />STATUS OF ISSUE: City staff has produced the required contracts for sale, produced an aerial <br />map, and has contracted with Chaney Engineering to obtain an updated survey showing all <br />easements and improvements on the property. The expected delivery date on the survey is <br />October 12th. The survey will allow us to update the legal descriptions as well. Deeds for the <br />properties have also been located. It is also our intent to publish a notice in the local paper <br />directing interested buyers to the online auction website at the appropriate time. We expect to <br />start the auction sometime in October and have end in November. Online property auctions <br />normally run for a month, but that time period can be shortened if the Council wishes. <br />BUDGET: Not affected by this report. <br />RECOMMENDATION: Information only. No action required. <br />