Albany city officials got some good news this week, about $566,000 worth.
That’s how much money four city properties — including the defunct L’Jua’s restaurant on Radium Springs Road — attracted in an online auction that the city participated in on Wednesday.
Provided that the bidders come through with the funds and also provided that the Albany City Commission votes to accept the bids, the four pieces of property, including two prime retail locations in the 704 Radium Springs Road restaurant and the community police center on Dawson Road, will return to tax rolls.
That’s a double win for Dougherty County and Albany taxpayers, especially when you consider the fact that the city may break even, or come close to it, on expenses it incurred in connection with L’Jua’s. Preliminary estimates we got Friday indicate that will be the case with the $205,000 bid for the property that had already been passed over in a previous auction.
In addition, the city received a $91,000 bid for a little more than 30 acres of land off Lockett Station Road, and $90,000 for more than 14 acres of land off Westover Boulevard. The seldom used Albany Police Department community precinct building at 2201-2223 Dawson Road pulled in a $180,000 bid.
“I’d say we did pretty good,” City Manager James Taylor told The Herald after the final bid numbers came in. “This is the first time we’ve used this bid process, and it turned out to be fantastic. We got bids from all over the country.”
We agree. The city certainly didn’t need to get into the restaurant business and a community police station that is unused doesn’t do much to help the community. Moving four unneeded properties from public non-use at taxpayers’ expense to private use that can share some of the financial burden with those taxpayers is a good move all around.
— The Albany Herald Editorial Board