Laserfiche WebLink
<br />REQUEST FOR CITY COUNCIL AGENDA ITEM <br /> <br />Agenda Date Requested: <br /> <br />AUl!ust 25. 2008 <br /> <br />Appropriation <br /> <br />Requested By: Susan Kellev <br /> <br />Source of Funds: N/A <br /> <br />Department: Finance <br /> <br />Account Number: N/A <br /> <br />Report: <br /> <br />Resolution: <br /> <br />Ordinance: <br /> <br />Amount Budgeted: N/A <br /> <br />Exhibits: <br /> <br />Bid Tabulation <br /> <br />Amount Requested: <br /> <br />Exhibits: <br /> <br />Bid Tabulation. Bidder's Lists <br /> <br />Budgeted Item: YES NO <br /> <br />SUMMARY & RECOMMENDATION <br /> <br />Advertised, Sealed Bids #S08001 through #S08006- Sale of Properties were opened and read on Monday, January 28, 2008. <br />Offers to respond were sent to residents/owners surrounding the properties for sale, in addition to area developers and real <br />estate agents. Below is a list of properties, appraised value of the property and the amount offered on each property. <br />Property Appraised Value Bidder Amount <br />S08001-0.6568 Acre ofOutlots 240 $ 107,000 Rohina Naz $70,000 <br /> <br />S08002-0.8608 Acre of Lots 5 -16, Block 829 <br /> <br />$ 28,000 <br /> <br />Oakland Land <br /> <br />$28,100 <br /> <br />S08003-0.9326 Acre of Lots 4 -16, Block 793 <br /> <br />$ 30,000 <br /> <br />Mississippi Land <br /> <br />$30,100 <br /> <br />S08004-2.9651 and 0.4594 Acres, Tract 1 & 5 of <br />Enoch Brinson League, Abst 5 <br /> <br />$ 65,000 <br /> <br />Sulzer Hickham, Inc. <br />Allen Howard <br />Roberto Ramos <br /> <br />$85,000 <br />$30,100 <br />$20,000 <br /> <br />$25,000 <br />$15,001 <br />$15,000 <br /> <br />S08005-1.4552 Acre, Tract 2 of Enoch Brinson <br />Leagu, Abst 5 <br /> <br />$ 60,000 <br /> <br />Rohina Naz <br />Robert Allen <br />Sulzer Hickham <br /> <br />S08006-1.1413 Acre of Reserve "B" Brookglen. <br />Section 1 <br /> <br />$ 75,000 <br /> <br />No Bids <br /> <br />On February 25,2008, Council directed staff to reject bids for S08001 and S08005 since they did not meet market values. <br />Rejection letters and the required 5% cashier's checks were returned to bidders for those properties. No bids were received <br />for S08006. <br /> <br />Staff informed Council that we would have our drainage consultant evaluate the property associated with bids S08002, <br />S08003, and S08004. To prevent expiration of the bids, purchasing staff obtained extension letters from the interested parties. <br />Bids on these properties are currently valid until September 26, 2008. <br /> <br />The drainage consultant is now comfortable with the sale of property associated with bids S08002 and S08003 if the volume <br />in the detention basin recommended by the Binkley and Barfield report is maintained. The City Engineer has confIrmed that <br />the design does include the recommended volume (the detention basin may have to be constructed in phases. <br /> <br />Issues are now resolved related to bids S08002 and S08003, staff recommends award of Sealed Bids #08002, 08003, to the <br />high idders, respectively. <br /> <br /> <br />