Hi Tracey,
Im interested in your above posted, when we did our auction 3 years ago, we did a very similar process to what you have outlined, however I know other Councils who did not set any reserves.
In regards to the VG valuation, did you use the one you had on file, or did you request another? We have a base date of 2013, looking to auction next year, should we obtain another VG vaulation?