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BID OPENING <br />CITY-OWNED PROPERTY - ALPINE <br /> <br />December 9, 1996 <br />8:30 a.m. <br /> <br />Present: <br /> <br />Ryan R. Schroeder, City Administrator <br />Jo Thieling, Recording Secretary. <br /> <br />Three bids were received. <br /> <br />K.C. Land Company <br /> At least 51 R-1 Units $505,000 <br /> Minimum 38 R-1 Units ($10,550/) $400,900 <br /> Prices include park dedication of $825/unit <br /> ($42,075+/$31,350) (Nets estimate of $462,925 and $369,550) <br /> Values of $150,000 and up <br /> <br />Sylvester Brothers <br /> Minimum 38 buildable lots $210,000 <br /> Assumes $6,000/Unit utility charge <br /> Values of $80,000 to $120,000 plus lot <br /> <br />Good Value <br /> Plan A (preferred) <br /> Plan B <br /> Values $125,000 to $170,000 <br /> <br />Bid Opening Closed at 8:35 a.m. <br /> <br /> Respectfully submitted, <br /> <br />./ J°)Thieling ' <br />· .F,/ecording Secretary <br /> <br />$336,000 <br />$304,000 <br /> <br /> <br />