Baldwin City is developing procedures to guide the sale or leasing of city-owned properties on coveted sites along its main thoroughfare and near downtown. On June 1, the Baldwin City Council gave first-round approval to a set of guidelines for real estate deals involving city-owned properties. The measure will be considered for final approval at the council’s June 15 meeting. Under the new policy, if the city wanted to sell or lease its properties, it could do so through sealed bids, live or online auctions or negotiations. Properties would be advertised on the city’s website and social media sites for 14 days before any sale or lease would be considered, and all sales and leases would have to be approved by the council. The city also has the option of advertising properties in local media outlets or listing them with real estate agencies.
Source: LJWorld.com.
