Two bids have been submitted for lots advertised for sale by the new Land Bank in Junction City.
David Yearout, Zoning and Planning Administrator for Junction City and Geary County, stated that the bids are being copied for presentation to the Land Bank Board of Trustees next Tuesday ( Sept. 15 ), “with a recommendation to accept and allow us to move forward to close on the sales. Then we’ll figure out what we’re going to do with the remaining lots, and we’re looking at others as well. So there’s just a lot of stuff happening with them, but at least we got some bids.”
Yearout reported that the two bids were submitted by New Horizon Homes LLC of Manhattan. The bids were $6,180 apiece for two side-by-side lots in the Sutter Highlands Addition north of K-18 Highway and west of U.S. 77 and Spring Valley Road. The bid amounts did exceed the $5,000 minimum set for the lots.
The Land Bank had advertised 25 lots for sale, but bids were only received on the two lots mentioned. No bids were received on the other 23 lots.
More than 900 undeveloped housing lots are on the west and northwest side of Junction City, and could be put up for potential sale in the Land Bank in the future.