Supervisor submits highest bid to purchase LRA properties
April 23, 2013 — Lassen County District 3 Supervisor Larry Wosick has submitted the highest bid of $25,000 for the former Local Reuse Authority properties near Sierra Army Depot in Herlong. Wosick is identified as the “managing member” of GW Real Estate Holdings, LCC, of Reno, Nev.
Wosick’s offer is “contingent upon a favorable inspection and feasibility study to be completed within 60 days from an accepted offer,” and, “The proposer has investigated all property and understands that property will be transferred ‘as is’ with no representations mad by Lassen County/Local Reuse Authority.”
According to the proposal submitted to the county, Wosick will be the member who will “put together our development plan and ultimately implement a successful project(s)” and will be “the initial project manager and handle all correspondence.”
The group’s plan includes, “saving the public library; development of desirable housing to provide a viable alternative for hundreds of Army depot workers who exodus daily to Nevada; restoring the newer barracks to useable housing, transforming the previous mess hall into a rec room; pursue an agribusiness model with the Lassen College to promote and educate our youth on the benefits of agriculture.”
According to the proposal, “The number of jobs created are unknown at this stage, but the benefits of the above with be tremendous for our community as a whole.”
Wosick acknowledges the $25,000 bid is “insignificant in terms of overall benefit to the county treasurer. The real benefit will come from eliminating holding costs and reaping the rewards that private business development will bring in way of the economic development so desperately needed at this time. The county has indicated its desire to get out of the LRA business any way possible. Our proposal offer Lassen County the chance to rid the taxpayers of the continued expense and offers a real chance for numerous economic development successes in the future.”
Rancher Willis Dow placed a bid of $200 per acre for property near the railroad tracks. Dow wrote he was interested in the property for use as location for the delivery of fertilizer from railroad cars. He added other property in the area has sold for $110 per acre.
The bid process closed March 29 and according to the request for proposals all bids are public records. The matter has not come before the Lassen County Board of Supervisors yet, and the board may accept or reject any and all offers.
The newspaper requested the information from the county.
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