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„,�-,• CITY OF SAN LEANDRO <br />4 <br />INTEROFFICE MEMO <br />TO <br />Wes McClure, City Manager DATE January 7, lg71 <br />_ <br />FROM W. R. Rugg, Community Development Director <br />SUBJECT Procedure for Disposition of Excess County Land on Hesperian Boulevard. <br />1 variables that might affect the short -run value of the property. If this occurs, a <br />2 second offering six months or so later may be desirable. It is anticipated that a <br />3 minimum bid mutually agreeable to the City and County will be established, and that <br />4 any bid over the minimum must be accepted and any bid under the minimum cannot be <br />5 accepted. Thus, "holdinq land off the market” simply refers to whether a high or <br />6 low minimum bid is established. The considerable informal interest we have received <br />7 to date indicates that lack of buyer interest will not be a problem. <br />8 <br />9 <br />10 <br />W. R. Rugg, Director <br />12 Community Development Office <br />13 <br />WRR:mp <br />14 Enclosure <br />cc: Glenn Forbes - without enclosure <br />15 <br />16 <br />17 <br />18 <br />19 <br />20 <br />21 <br />22 <br />23 <br />24 <br />25 <br />FORM 063 <br />