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August 22, 2013 at 7:46 PM

Seattle loses over $10,000 in auction of 86-year-old fireboat

The Alki fireboat, auctioned off for a second time, sold this time for $25,200. (Seattle Times file photo)

The Alki fireboat, auctioned off for a second time, sold this time for $25,300. (Seattle Times file photo)

The good news: The city was able to auction off its 1927-vintage fireboat Alki for $25,300.

The bad news? It spent more than $35,000 restoring it just to get it ready to sell.

The city’s $35,637.94, to be precise, paid for a marine survey of the boat and the work recommended to get it in condition to be insured and sold. It also included dry-docking and refloating the vessel, as well as cleaning it in preparation for the survey.

Bidding for the 123-foot vessel, the oldest of the Seattle Fire Department’s four-boat Marine Emergency Response Team, started at $1 and lasted one week on bidadoo.com, a Seattle-based auctioneer of the city’s surplus property. Eighteen different bidders bid a combined 53 times on the boat over the course of the week.

This is the second time the boat has gone to auction; the first buyer backed out because the city hadn’t yet done a marine survey on the boat.

Bidadoo doesn’t list the names of bidders, but the high bidder will have to provide the city with proof of liability insurance as a condition of the sale. Once he or she has the ship, the buyer will also have to pay for moorage, insurance, fuel, maintenance and whatever else they have in mind.

0 Comments | More in General news, Government | Topics: auction, bidadoo, fireboat alki

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