Bell Administration to Forward Proposal for Sale of Docks
Mayor Michael P. Bell expects on Tuesday morning to deliver a proposal for the sale of The Docks restaurant complex to Toledo City Council for consideration.
The proposal offers $2.15 million for the property and is offered by a group of investors, Dashing Pacific Group, based in China. The relationship with the investors was initiated in September when Bell and Dean Monske, Deputy Mayor for External Relations, joined a multi-city tour of China seeking business development. Representatives of Dashing Pacific have since made two visits to Toledo to further explore the opportunities that exist for expanding their businesses in North America, once in October and once in December.
Both the Mayor and Deputy Mayor, along with a representative of the investment group, will be available to answer questions at a 9:30 a.m. media briefing on Tuesday, January 25th in the Mayor’s office.
Monday, January 24, 2011