Wednesday, April 28, 2010
It’s that time of year. People are spring cleaning and getting rid of things they no longer need or want, and MoDOT is no exception. This week, the department is selling 32 pieces of prime real estate no longer needed to run the state highway system. The parcels, which range in size from a quarter of an acre to 200 acres, will be conveyed by sealed bid or public auction. More information can be found at www.modot.org/realtyforsale.
Selling excess land enables the department to put more money into state highway projects. In fiscal year 2009, MoDOT sold 228 properties, generating more than $4.2 million for state highway improvements.
As an added bonus, the department’s Realty to Roads program is gaining national recognition as a property management model. The Federal Highway Administration has given the program its 2010 Excellence in Right of Way award in the Technical Specialties category.