A public auction of municipal real property was held at noon on Tuesday, July 1, at City Hall in the Council Chambers. Auctioneer and City Councilman Wayne Cone conducted the auction.
The property known as Property # 1 is 1700 Silver Valley Road. The lot size is 2.65 acres and is currently an unoccupied single-family dwelling.
Bad Olsen opened the bidding at $100,000, and that was the highest bid.
Property known as # 2 is 501 E. Rush. Bidding started again at $100,000, and Kelsey Brand won the bid for $115,000.
Both bids are subject to Council approval on July 10. Winning bidders must submit a 10% non-refundable deposit at the time of the auction for each successful bid. The balance must be received before 1 p.m. on Aug. 1.