Deadline Extended For Tara House Bids - KCBD NewsChannel 11 Lubbock

1/7/09

Deadline Extended For Tara House Bids

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The deadline for bids to purchase and move Tara House West in Lubbock passed Wednesday with no one making an offer.  Still, city leaders say they still have some interest in the home, so they're extending the deadline by two days.

Folks had until 2:00 p.m. Wednesday afternoon to make a bid on the house. There was no minimum, but the price had to include the cost of moving the house. According to Four Way House Movers of Lubbock, to move Tara House West would cost around $80,000. That estimate is just for the front half. The company says the back half has some water damage and other problems that may not allow it to be moved.

So, if someone would have bid $80,010, theoretically, the bidder would have paid $10.00 for the house. Last year, the Lubbock Central Appraisal District listed the taxable value for Tara House West and the plot it sits on IS at $700,000. 

Lubbock City Engineer Larry Hertel tells NewsChannel 11 he was surprised no one placed a bid.  "We thought that there would be some interest in the building, so yes we were surprised," Hertel said. 

Hertel says the city still has some interested parties who did not submit a bid on-time. That's why they've extended the deadline to Friday at 2:00 p.m.  "We will have to demolish the building if we don't have a bidder that does want to move the building to another location," Hertel said. 

Hertel tells NewsChannel 11 the city wants to have the site cleared by April 15th so they can begin work on the Slide Road expansion project. He says they hope to have the expansion completed at the same time TxDOT begins work on a new bridge for Slide on the North Loop. Sealed bids need to be submitted to city hall, again by 2:00 p.m. Friday.

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