HomeMy WebLinkAboutAgenda Report - October 5, 1995 (18)CITY OF LODI
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COUNCIL COMMUNICATION -
AGENDA TITLE: Sale of City Property at 1775 South Church Street
MEETING DATE: October 5, 1995
PREPARED BY: Public Works Director
RECOMMENDED ACTION: Information only
BACKGROUND INFORMATION: At its meeting of August 17. 1994, the City Council adopted a
resolution declaring City -owned property at 1775 South Church
Street surplus property and authorizing the advertisement for
bids to sell this property. Bids were to be opened on
September 22, 1994. The resolution was published and the lot was advertised in the real estate
section of the newspaper. Notices were also sent to building contractors in the Lodi area, but no bids
were received.
It is recommended that we re-evaluate the options which are available for disposing of this property and
come back to the Council in a short time for approval to proceed with disposition of this property. With
the present economy, the availability of single-family lots, and the Toss of tax incentives for rental
property, it may take a longer advertising period, as well as notification to builders outside the Lodi area
to find an interested buyer.
FUNDING: Not applicable.
'oi n� (���t �w
c,), Jack L. Ronsko
Public Works Director
Prepared bySharon Blaufus, Administrative Assistant
JLR/SB/pmf
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APPROVED -L
THOMAS A PETERSON «cyc ra oaf«
City Manager
C 1775CH2 AOC
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