Sedgwick County rejects only bid for property at Waterman and Washington

Sedgwick County received only one bid for a piece of property it owns at Waterman and Washington. Commissioners voted this morning to reject the $236,000 bid from Leslie Rudd Investments and Affiliates.

The county purchased the property to make improvements at that intersection before the opening of Intrust Bank Arena.

The county didn’t end up needing all of the property and put it up for sale using a sealed bid process.

What’s next for the property is unclear.

After receiving only one bid, the county contacted developers to determine why response was so limited. Some said they didn’t like the sealed bid process. Other said they were only interested in the property with the existing buildings on it.