City of Cd'A selling Fruitland property

Coeur d’Alene officials announced Thursday they will pursue the sale of a piece of property the city has owned for 20 years on Fruitland Lane.

According to a news release from the city, the property, located at 3285 N. Fruitland Lane, will be sold via sealed bid, as long as a minimum bid of $84,520 is met. Deputy City Administrator Sam Taylor told The Press Thursday the property was originally purchased by the city in 1996, primarily for the right-of-way rights which were critical to a project that extended Neider Avenue to Howard Street.

“In the past we’ve tried to use the property as an affordable housing project,” Taylor added. “That did not pan out.”

City officials, Taylor added, have been looking at ways to fund the remodeling of City Hall and determined the Fruitland Lane property, which is not being used at all, could be a source of revenue.

A home built in 1950, currently vacant, is on the property. According to the release, it is approximately 810 square feet on each of the two floors.

“This is an all-cash transaction with no owner financing available,” the release states. “The closing shall occur within 30 days of acceptance of the bid. The property will be conveyed via a quit claim deed.” Taylor said once bids are opened on Nov. 10 at 2 p.m. in city council chambers, city officials will review them.

“Our intent is to get the best price for taxpayers,” he said. “Once the review is complete, staff will bring the selected bid to the city council for approval and for us to execute the sale.”

Bid forms, instructions, and property specifications are available to interested bidders at the city of Coeur d’Alene, 710 E. Mullan Ave., or by contacting deputy city clerk Kathy Lewis at (208) 769-2229.