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Item 1.A.1.
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| City Council Regular | |
| Date: | 08/08/2022 |
| Title: | Bid to Sell, Exchange of Donate City Real Property - Terrace Estates - Reject All Bids |
| Presented by: | Mike Whitaker, Parks, Recreation & Public Lands Director |
| Department: | Parks/Rec/Public Lands |
| Presentation: | No |
| Legal Review | Not Applicable |
RECOMMENDATION
Staff recommends the City Council reject the one bid received from James and JoAnn Boyer to acquire the nine parcels of parkland within the de-annexed Terrace Estates Subdivision in exchange for the four parcels they propose to trade.
BACKGROUND (Consistency with Adopted Plans and Policies, if applicable)
The property owner, James and JoAnn Boyer, of the de-annexed Terrace Estates Subdivision, 3rd Filing, as part of their plan to reconfigure their lots prior to selling the land, desired to acquire nine parcels of City-owned parkland, see Attachment A. In exchange, they proposed to provide four parcels of equal acreage and greater value, see Attachment B. On April 15, 2022, the City published a Public notice titled Disposition of City Property and Call for Sealed Bids wherein offers to purchase, exchange or donate these nine parcels would be received by the City Clerk on May 3, 2022, by 2:00 pm. At the bid opening, the City received one bid from James and JoAnn Boyer, owners of the de-annexed Terrace Estates Subdivision, 3rd Filing, see Attachment C. The Boyers have now requested to withdraw their bid.
ALTERNATIVES
City Council may:
- Approve action to reject all bids; or,
- Not Approve action to reject all bids and provide staff with additional guidance.
FISCAL EFFECTS
There will be no significant fiscal effects by taking this action.