Photo by Vince Fedoroff
SALE PACKAGES PENDING – Once again, the city will attempt to dispose of the former trucking yard land (centre) between First and Second Avenues.
Photo by Vince Fedoroff
SALE PACKAGES PENDING – Once again, the city will attempt to dispose of the former trucking yard land (centre) between First and Second Avenues.
Those wanting to acquire a piece of the former Motorways trucking yard downtown can pick up bid packages for the purchase on Monday.
Those wanting to acquire a piece of the former Motorways trucking yard downtown can pick up bid packages for the purchase on Monday.
City council approved third reading this week of its land disposition bylaw for the site stretching between First and Second Avenues from Black Street to Keish Street.
Now, city planning staff are finalizing the bid packages for the nine lots to be sold.
Cathy Small, the city's subdivision and lands co-ordinator, said this morning the packages can be picked up at 9 a.m. Monday.
Potential purchasers will then have three weeks to put together their bids on the nine properties up for sale, with a deadline of 2 p.m. April 5 to submit their bids.
That must be done at city hall.
"We want to give people lots of time,” Small said.
Officials decided to put the bid packages out on Monday so they go out after many Yukoners return to the territory from the two-week March school break, which will end this week.
The minimum prices for the lots range from $208,000 to $788,000.
The three properties set at the lowest of the minimum prices are for the smallest lots – 651 square metres – along the pedestrian-only extension from First Avenue. They sit between two other properties that will be on sale through the bids.
There is only one property with a highest minimum set bid, sitting at the corner of Black Street and Second Avenue. It's the largest of the nine properties, at 1,900 square metres.
This isn't the first time the same land has been put out on the market by the city.
In 2008, the city opened up lots there ranging in price from $290,000 to $651,000, but there were no takers.
They were eventually taken off the market and a number of zoning changes were made in an effort to help sell the properties.
Once again, there were no takers when the city released a request for bids on the nine rezoned lots on the site.
After that, the city ended up subdividing and redesigning the lots on the site along Second Avenue to remove an easement that would restrict development, which saw one lot disappear.
Under the latest plans, that easement will serve as a boulevard area.
In 2010, the city learned more remediation work was needed and once again, the properties were taken off the market so the environmental work could be done.
With that work now finished, the lots can go back out for another set of bids.
At an earlier council meeting, Pat Ross, who was acting as the city's planning manager, told members if the lots don't sell through the bid process, they would be sold over the counter at the minimum prices set out.
If more than one party comes into the city at the same time to purchase the same property over the counter, there would be a mini-lottery system in place to decide who can buy it.
Mayor Dan Curtis and Coun. Kirk Cameron were absent from this week's council meeting.
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