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<br />REQUEST FOR CITY COUNCIL AGENDA ITEM <br /> <br />Agenda Date Requested: June 26. 2006 <br /> <br />Appropriation <br /> <br />Requested By: Susan Kellev <br /> <br />Source of Funds: <br /> <br />Department: Administration <br /> <br />Account Number: <br /> <br />Report: <br /> <br />Resolution: <br /> <br />Ordinance: <br /> <br />xx <br /> <br />Amount Budgeted: <br /> <br />Exhibits: Bid Tabulation <br /> <br />Bidder's List <br /> <br />Amount Requested: <br /> <br />Exhibits: Ordinance 2006- <br /> <br />Budgeted Item: YES NO <br /> <br />Exhibits: <br /> <br />SUMMARY & RECOMMENDATION <br /> <br />Advertised, Sealed Bids S#06001 through #S06005 - Sale of Properties were opened and read on <br />Tuesday, May 23, 2006. Offers to respond were sent to residents/owners surrounding the properties for <br />sale, in addition to area developers and real estate agents. <br /> <br />The only responsible bid meeting the required minimum for any of the properties was returned by Terra <br />Medica LTO (Dr. Marcus Aquino). He submitted a bid for Bid #S06005 - Sale ofPt. OfTR 5A (1.916 <br />Acres) out of2.8678 Acre Tract at McCabe Road, in the amount of$85,083.00. The minimum amount <br />required was $75,000. As a qualification of the bid, a cashier's check was submitted for 5% of the total <br />bid. <br /> <br />Florence Helm, Secretary of the Bay Colony Council of Co-Owners provided a bid of $600 for Bid <br />#S06002 - Sale of 0.43 Acre Tract, a.k.a. Water Plant Site, Block 8, Bay Colony. The minimum required <br />was $15,000. <br /> <br />John Andre, 519 N. Shady Lane provided a bid of $8,000 for Bid #S06003 - Sale of 0.3588 Acre Tract, <br />Lot 12B, Shady Oaks Subdivision, William P. Harris Survey, Abstract 30. The minimum required was <br />$17,000. <br /> <br />Staff Recommendation: <br />Staff recommends award of Bid #S06005 - Sale ofPt. OfTR 5A (1.916 Acres) out of2.8678 Acre Tract <br />at McCabe Road. <br /> <br />Action Reauired bv Council: <br />Award Bid # S06005 to Terra Medica, LTD. in the amount of $85,083.00 and direct staff on further <br />actions of the remaining properties. <br /> <br />APprOV.d~for City co;nCiI AIk:a ~ <br /> <br /> <br />~~ VJu 'OC\<'-" <br />D ra B. Feazelle, City Manager l <br /> <br />0~ ./ ,-J ( -1J& <br /> <br />Date <br />