WADDINGTON The village board sold two of its surplus lands Thursday and will put a third in the hands of a realtor.
The village offered the sale of four waterfront lots totaling 1.5 acres on the St. Lawrence River and Big Sucker Brook by sealed bid in August.
An adjacent landowner made an offer of purchase for 0.46 acres on St. Lawrence Avenue, but no offers were made for sites of 0.46 acres and 0.57 acres on St. Lawrence Avenue and Linden Street. The village later voted to use 0.24 acres of property on James Street for docking facilities.
The properties were offered to the highest bidder.
At the last meeting, the board rejected all of the offers that were received on [St. Lawrence Avenue] because the high bidder did not sign the purchase offer and did not follow through, village attorney Michele Ladouceur said Thursday.
Richard J. Sovie, 44 St. Lawrence Ave, said at the meeting that he held off on making a purchase because he decided to purchase both lots on St. Lawrence Avenue. The village unanimously approved his purchase offer of $144,000.11 for both parcels.
Mr. Sovies offer was higher than the combined market value of the properties.
The properties are valued at approximately $52,000 for 0.46 acres and $65,000 for 0.57 acres.
The villages obligation under the law is to offer the properties for fair and adequate consideration and the offer is before the board exceeds the value of what that offer was, Mrs. Ladouceur said. So legally it is permissible for the board to move forward with the purchase.
The properties are part of seven parcels equaling 5.02 acres sold to the village in 2007 as surplus state lands in the 2003 relicensing agreement with the New York Power Authority.
Five of seven parcels have been appraised at a total of $317,000, but only two were offered for sale. One of the three parcels totaling 0.93 acres along St. Lawrence Avenue was divided into two 0.46-acre parcels following a land survey, and sold separately.
The village board also voted unanimously to hire a realtor to sell the Linden Street property.
We put it out to bid, and the high bidder refused or didnt respond, village trustee William E. Dashnaw said. My recommendation is to turn it over to Shirley Robinson Realty to market that.