Education

School Board sets Oct. 25 live auction for Dewey, Washington

By Herald-Whig
Posted: Oct. 3, 2018 10:35 am

QUINCY -- The Quincy School Board cleared the way Wednesday morning for a second try to sell two shuttered schools.

Board members at a special meeting agreed to sell Dewey and Washington by live auction on Oct. 25. Washington's sale begins at 9 a.m. at the school at 1400 N. Eighth, followed by Dewey's sale at 11 a.m. at the school at 2040 Cherry.

The board set minimum prices of $200,000 for Washington and $10,000 for Dewey.

"There's some interest in both buildings, so we hope putting the minimum price out will bring people that are interested in bidding," board member Mike Troup said. "As long as we get at least the minimum price, those buildings will be sold."

Superintendent Roy Webb said Washington is the larger of the buildings, sits on a full city block and is in "a little better condition" than Dewey, which sits on about half of a city block.

"We do have some interest in both properties, so we're hoping that the traditional approach and a little bit of time that we get all our properties set for auction sold," Webb said.

Board members last week rejected the sole bid for Washington and got no bidders for Dewey in an online auction.

The bid for Washington was $100,000, which did not meet the minimum set by the School Board but not made public.

The online auction was a new format instead of the traditional approach of a live auction done by the school district's attorney. The board had hoped to recruit interest regionally or even nationally through the online auction, but "it did not work for us with our buildings," Webb said last week.

The board worked with Trophy Properties and Auctions on the online auction which opened Aug. 22 and closed Sept. 26.

"The school district does not have a need for these facilities," Troup said. "The only way, by state law, for us to sell is through auction. We thought online would bring more bidders in, but having a live auction where people can see someone bidding and can talk, we think that works better."

Also Wednesday, board members adopted resolutions providing for the sale of a house at 515 S. 17th and three lots at 2911, 2915 and 2925 Lind.

Sealed bids for the home and the lots will be accepted through Tuesday, Nov. 6. Bids will be opened on Nov. 9.

The minimum bid for the home is $95,000, and the minimum bid for each of the lots is $20,000.

The home was a project for the building trades class.

"It was a fire-damaged house beyond help, but we were able to salvage the two-car garage," teacher Dave Bellis said. "The kids built the whole thing other than the foundation."

ADM Animal Nutrition donated approximately 4 acres of vacant property near 30th and Lind to the building trade program at Quincy Area Vocational Technical Center.

Selling the three lots will give the program a head start on funding for future projects by the program where students build homes start-to-finish then sell them to the community.

Even with selling the lots, "we'll have plenty for several years to come, plenty of lots to build off of," Bellis said.

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