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The board unanimously selected Remax to sell city-owned properties, with a six-month sales deadline and a minimum bid set at each property's fair market value. It also unanimously approved the Tesla Renewal Agreement.
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Remax will be the contracted real estate company for selling the city-owned properties. Each property must have a minimum bid based on fair market value, and the sales are expected to be completed within six months. Remax is expected to provide a project update at the November 2025 annual meeting.
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