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.ULACIE,,,R PIAIIRK PURCHASE <br />G""llacier wi�ll be auctioning its piroperty adiacenill <br />a <br />to the bridge on May 15y 1992,, Th�e i I al <br />0 a a a <br />ask I ing price is a minimum of $750,0002 <br />Ft, If the City a,cts, before May 7, 1992, it has, the <br />opportunity to buy the property', with financing <br />terms, <br />a 1 0 a a It <br />3.1 Glacier i�s, propois I ing 20 year f I inancing wan a <br />3-5 year balloon on the City's preferred <br />interest rate, <br />There 'I's also the possibility that a, indoor <br />a <br />golf dome would be interested in short term use <br />61 <br />of the site, This would Provide cash flow, i�n <br />the short term until the off ice market turns <br />