Tuesday, March 9, 2010

MoDOT Property Sales = $$ For Roads and Bridges

Garage sales are a great way to get rid of stuff you don’t want anymore but that might be worth something to someone else. MoDOT recently held a garage sale of sorts to dispose of property it’s no longer using to build or maintain the state’s highway system.

The agency advertised 21 highly marketable pieces of property for sale by auction or sealed bid over a five-day period. The realty blitz not only brought in $676,739 that will be used for road and bridge projects, it transferred idle land in the state’s inventory to interested property buyers.

Because the effort was so successful, MoDOT will hold a second sales blitz from April 26-30. Thirty-two pieces of property ranging in size from a quarter of an acre to 200 acres will be offered for sale to the public at that time. More information can be found at www.modot.org/realtyforsale.

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