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|City Council Approves Sale of Properties
|The Galesburg City Council is now ready to let the city sell a number of parcels of land it's taken acquisition of over the year now that they like some of the city's proposed changes to the process.
Aldermen Monday night approved the selling of over 60 properties through a bidding process. But city officials changed the bid specifications so that just having a development plan for the parcel in question is only one option.
City Manager Dane Bragg says some changes, though, are just what aldermen wanted in many ways. "A minimum bid of $1,500 per lot that are proposed to by purchased with no development plan (is one change)," Bragg said. "You (the Council) intend to amend that to $500. (Another change is) a reversion clause, which would place the lot back in the city's ownership, if the city has to maintain the lot within five years from the date of purchase...and this is for lots using the minimum bid option only, not for lots where the buyer chooses to use the development plan option."
Another change removed a piece of property on Ella Street that the neighborhood there is looking at turning into a small park. Bids would be received by the City Council July sixth.
To view a list of properties up for bid, CLICK HERE.
For a map of the properties, CLICK HERE (pdf document).
For the city's Request for Proposals, CLICK HERE.
Aldermen Monday night approved the plans for a new 170-spot parking lot adjacent to the Knox County YMCA, and an extension on the revolving loan issued several years ago to Galesburg-based BDi Inc. to allow them to further expand their business.
A revolving loan was also approved for the potential new owners of Galesburg-based Concession Specialists so they can purchase the operation.
|05 19 09 by Newsroom
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