Competition for tender of $5 million asset sell-off

TWO Grafton-based real estate agents will compete for the job of selling off Clarence Valley Council assets estimated to be worth more than $5million.

On Tuesday councillors unanimously approved having First National Ford and Dougherty, and McKimms Real Estate, provide tenders for the work.

The properties include the five council depots in Grafton plus the regional library building in South Grafton and the two office buildings in Victoria and Pound Sts.

The sale is part of two council projects to rationalise its assets in Grafton. One project is to cut back the amount of office buildings, the other is to close down council depots and create a single depot in South Grafton.

A consultant's report to council has come up with a figure of more than $5million from the sales.

Cr Karen Toms asked about lease-back costs for the buildings, but council general manager Scott Greensill said this information would be included in his report to council next month.

Two councillors, Deputy Mayor Craig Howe and Margaret McKenna, declared interests in the matter and left the chamber.



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