Tuesday, February 23, 2010
LITH Mold House To Net $45,000
Only eight men with money showed up for the auction and they refused to start bidding before Stade dropped his "ask" to $50,000. That was only about what the village had in the abandoned home in mold remediation and back taxes.
Hampshire rehabber Ken Timke won the auction. "It's going to take a lot of money (to finish)," he said. How much? "I'll know when I've got it done."
Village Administrator Jerry Sagona was satisfied with the result. "I think we had $55,000 into it but we netted $45,000," he said. Trustees still have to accept the bid though. They'll meet as a full board Thursday.
In the pic: Gordon Stade had to drop his "ask" to $50,000 before he could get a bid. "C'mon, boys. You can't by a Porta Potty for that," he complained.