City to bid on highway property
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Last updated 9/20/2017 at 9:20am
Electric City Council authorized city officials Sept. 12 to bid on two lots up for auction along SR-155 in the center of the city. The lots at one time housed a filling station.
The Oct. 27 auction is being held by Grant County, which has a lien against the property for back taxes and penalties amounting to $1,142.99.
The two lots are currently valued at $23,845, according to county records. The current owner is Gary L. French.
The council met in executive session to discuss bidding on the property and providing guidance on the level of bid.
City Clerk Russell Powers said the city does not have a plan on how it would use the property if its bid is successful.
The official description of the property is lot 10 and 11 of block 6, state plat.
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