The City Council approved a resolution May 24 that authorizes sale of an undeveloped 10-acre site at South 19th and Meyers Streets to Antara Capital, LLC, for $3.615 million. The property, which was declared as surplus by Tacoma Water in 2002, was appraised at a value of $1.27 million in 2004. Antara Capital was the highest bidder for the property from among 21 qualified bids.
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