One Bid for County Building

[Kiah]

Friendly Bear:

Apply your collegial ursine powers to this and provide us with appropriate conspiratorial context:

One bid for county building
By Staff Reports
8/2/2005

Only one bid was received Monday to buy Tulsa County's Franklin Plaza Building.

Bacon and Son Inc., a used-office-furniture business, bid $302,500 for the surplus building at 801 E. First St.

The 48,443-square-foot building previously was used for sheriff's offices and court records' storage. The county bought the building in 1989 for $730,000.

Appraisers working for the county put the building's value at $360,000. The county cannot sell the building for less than 80 percent of that appraisal.

The Bacon bid is about 84 percent of the value.

A contract could be awarded in the next week.