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Item No. 6 (continued) Mayor Stangel stated that Council would make use of their option to conduct an auction on the subject property for which sealed bids were previously offered and opened. In response to questions of City Attorney Schricker, Assistant Finance Director Becker stated that he had advised the bidders on Parcel No. 053 - 147 -030 that auction was recommended and they are present. He said with regard to Parcel No. 054 - 030 -010, the highest bidder had been advised that staff was recommending acceptance of his bid, although an auction might be held, and the highest bidder, Bennie Berman, is not present. In further response, Mr. Becker said that bid specifications included the statement that an auction might be conducted, if Council is not satisfied with the bids received. M /S: Biagi/Mosher to postpone consideration of bids on Parcel No. 054 - 030 -010; that an auction of the parcel be conducted on March 21, 1983; and that both bidders be notified of the auction date. Carried unanimously by voice vote. MINUTE ORDER NO. 83 -36 Consideration of auction with regard to sale of Parcel 053 - 147 -030 City Manager Smith reported that two bids have been received for Parcel No. 053 - 147 -030: Charles Hockaday $4,200; and Lawrence Chubick $4,050 (appraised value $4,500), both of whom wish to participate in the auction along with Frank Guida, 2040 Roosevelt Avenue. Mr. Schricker noted the encumbrance on the property of a storm drain easement and Planning Director Schroeter described zoning ordinance requirements. Mr. Smith noted that the City's ability to maintain the channel is essential, and Director of Public Works Addiego described the improvements which would be required to build over the storm drain channel. Mayor Stangel conducted the bidding on the property with bids as follows: Chubick $4,500 Guida $6,000 Hockaday 5,000 Chubick 6,200 Chubick 5,200 Hockaday 6,300 Guida 5,300 Chubick 6,400 Chubick 5,500 Hockaday 6,500 Guida 5,600 Chubick 6,600 Chubick 5,800 City Manager Smith called Mr. Chubick Is bid of $6,600 three times and declared him the high bidder. Mayor Stangel then declared the award of bid to Mr. Chubnik in the amount of $6,600 for Parcel No. 053 - 147 -030, subject to his providing security and signing the agreement. (memo 3/8/83) M /S: Bi ag i /Mo Sher RESOLUTION NO. 9316 AWARDING BID FOR SALE OF PARCEL OF CITY -OWNED REAL PROPERTY IN THE VICINITY OF ELM STREET AND LATHROP STREET; AND AUTHORIZING CONVENANCE THEREOF Carried unanimously by voice vote. ---------------------------------------------------------------------------- - - - - -- Reg.Mtg. 3/7/83 Page 7 MINUTE BOOK NO. 44 Page No. 77