Show 4 to Selli Sell City property to Replenish l lr a jt e r Treasury c I f Realizing the desperate condition as regards finances that their extravagance has placed the city in the Republicans of the council are re preparing to offer for sale the lot at the corner of First South and State streets owned by the municipality The V proceeds o the sale if it is effected will go to replenish the ex cx exhausted e 0 hausted general fund 8 The matter has been agitated for several days in the quietest possible way but yesterday it came to the surface by reason of cl a 0 I necessary court procedure In the district court a suit was filed by against Salt Lake county to quiet the plaintiffs title G in the tile property described This preliminary step was necessary 0 before the ground could co be placed on the market 11 for so long as ast t the county has even an intangible claim dmm against it no purchaser could be found 0 This Th s lot which wh is now ow an unsightly hole h le was once nce the pro proposed proposed 0 posed site of the joint city and county building About ten years ago Salt Lake county paid the city for an undivided half interest in the corner and after afler a ter the excavation tion was made it was 0 decided to erect the public building on Washington square where it new is In the change of location the county agreed to sur surrender 0 render r its half interest in the corner for half of the square but the agreement was not made a matter of record beyond the 1 4 minutes of the city council and the journal of the county board Thus the matter atter stood until about a year ago when the city 0 council gave a syndicate headed by George A Lowe an option to t buy the corner lot for and the syndicate offered it to the federal government at a less price as s a site for f r the postoffice 0 building The selection of the government fell to M H Walkers site on Main and Market streets 0 One ne way of clearing the title to the th police station cor corner corner 0 ner ncr would be for the county to put up its equity at auction m in 4 which case the municipality could outbid any rival the amount 9 of its bid to be the sum um of the claim daim which amounts in reality to a disclaimer but the proceeding taken has been deemed 4 the safer course 0 It is generally believed that the county authorities will con consent consent 0 sent to the courts granting the tile city a decree of absolute owner ownership ship of the property in question as the need of the city appears to be urgent j 1 L i t I Ig g K |