Board of Commissioners to consider selling county property to developer at $789,000 below the appraised value
The Dawson County Board of Commissioners opened a Notice of Sale on November 18, 2019 for a 77.67 acre tract of undeveloped land on Shoal Creek Rd. They received one bid of $311,111 from Caballero Holdings, LLC. The property was appraised in April, 2019 at $1,100,000 and the Dawson County Tax Accessor's value is $674,074. The Board will vote on the bid Thursday, February 6th.
The Board of Commissioners has the following options:
1) accept the bid offered and award the sale to Caballero Holdings, LLC in the amount of $311,111.00
2) reject the bid offered and take no further action
3) reject the bid offered and rebid for the properties the Board wishes to sale.
The Board of Commissioners work session will be at 4:00pm on February 6th, followed by the voting session at 6:00pm. Commission meetings are held at 25 Justice Way in the Assembly Room on the 2nd floor.