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  5. ›Request for Competitive Bids - 60 4th Avenue South

City of Clinton·Iowa

Request for Competitive Bids - 60 4th Avenue South

Closes 1/9/2026$1 – $100kInvitation for Bid
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Description

The City of Clinton is seeking competitive bids for the sale of 60 4th Avenue South. The city has received an offer of $1.00 to purchase the property from Midwest Lumber Museum, Inc. for the charitable purpose of developing the Sawmill Museum. Bidders must submit a proposal that contains terms no less favorable to the city than those set forth in the offer submitted by Midwest Lumber Museum, Inc. The city council has determined that the proposed sale price of $1.00, in conjunction with other obligations and representations, is equal to or greater than fair value. • The property is being sold for the purpose of urban renewal development. • Bidders must submit a written offer that provides for the purchase of the property at not less than fair value. • The city maintains the position of first right of refusal. • Bids are subject to council approval and must be received by the city clerk's office by 10:00 AM on January 9, 2026.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Krista Taplin(City Clerk)

[email protected]

(563) 242-2144

Key dates

Opened
12/10/2025
Questions due
1/2/2026
Closes
1/9/2026

Last updated

Details

Type
Invitation for Bid
Industry
Real Estate
NAICS
531110
Solicitation №
2025 - Sale of 60 4th Avenue South

Budget estimate

$1 – $100,000

The budget for this opportunity is likely to be around $1.00, as this is the proposed sale price of the property. However, the actual budget could be higher or lower, depending on the terms of the sale and the bidder's offer. The city council has determined that the proposed sale price is equal to or greater than fair value, so the budget may be around this amount. The budget could be influenced by factors such as the property's value, the terms of the sale, and the bidder's offer. Overall, the budget is likely to be a low amount, likely in the range of $1 to $100,000, considering the property's intended use for the Sawmill Museum.

AI estimate from the solicitation

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