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Archive for December, 2006

Arizona postpones Fountain Hills land auction

Sunday, December 31st, 2006

A recent reappraisal placed the land’s value at $95 million, a steep drop from the previous assessment of $130 million. The first appraisal came during the height of the real-estate boom, said deputy state land commissioner Jamie Hogue.
And like any bottom-line business, developers weren’t interested in buying property at the market’s peak. Tempebased SunCor […]

Oregon boats for eBay auction

Sunday, December 31st, 2006

Officials with the Oregon Department of Fish and Wildlife have posted the first of seven custom-made boats this week on eBay.
The open-patio boat-style craft was built specifically for the recent rotenone treatment at Diamond Lake, just north of Crater Lake.
The minimum bid is $20,000, with all of the proceeds being used to cover the continued […]

Palm Beach County turns to Ebay to sell land

Saturday, December 30th, 2006

The city will turn to Internet auctions to sell its extra land, a lucrative alternative to the old ways of either requesting offers from developers or just sitting at a table and hashing out a deal.
Selling land online is a new idea for governments in Palm Beach County, city finance officials say.
“As far as I […]

Order of Canada medal for auction

Saturday, December 30th, 2006

The medal, awarded to noted Quebec historian Gustave Lanctot nearly 40 years ago, surfaced eight days ago on eBay. Mr. Lanctot died in 1975.
The Order of Canada recognizes a lifetime of outstanding achievement, dedication to the community, and service to the country.
As of 5 p.m. ET Friday, nine bids had been registered on the popular […]

New Jersey lawmaker takes on Internet auctions

Saturday, December 30th, 2006

Following major Internet fencing ring arrests in other states, a key New Jersey lawmaker says he wants to crack down on stolen goods sold through online auction sites.
Assemblyman Joseph Cryan has introduced a bill that targets people in New Jersey who use Internet auctions to sell shoplifted baby formula, gift cards, coupons and other goods […]

Putnam Auction

Friday, December 29th, 2006

Marsh & McLennan has agreed to sell Putnam for $3.9bn (€2.9bn) to Power Corp of Canada as part of chief executive offier Michael Cherkasky’s effort to retool after a share trading scandal.
The price to be paid by Montreal-based holding company Power Corp of Canada is at the higher end of most estimates and could be […]

Chicago auctions 50 taxi medallions for $3.9 million

Friday, December 29th, 2006

The city of Chicago has auctioned 50 taxi medallions.
The average price paid for the medallions was a record 78-thousand-509 dollars. The highest bid was 81-thousand-and-two dollars, while the lowest was 60-thousand dollars.
The highest price paid at auction just two years ago was 47-thousand-500 dollars.
Chicago’s Department of Consumer Services received 204 bids total for the month-long, […]