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Agenda Item # 13.c.
City Commission Regular Meeting
Meeting Date:
11/19/2018
Re
Resolution 18-R57 authorizing the sale of 505 N 7th Street

SUBJECT:

Resolution No. 18-R57 authorizing the sale of 505 N 7th Street to Maloma Peterkin of Dreamchasers Preschool, in the amount of $75,000 for the purpose of a pre-school program.

SUMMARY:

Staff seeks the City Commission approval for the slae of 505 N 7th Street. This property was declared surplus by Resolution through Resolution 16-R38 on August 2016.  This property was marketed previously and the last proposal offering $50,000 was rejected by the City Commission April 2017.  Staff placed a new RFP, and two proposals were offered.

A team comprised of Purchasing, Planning, Public Works and Grants Administration reviewed the proposals and after careful review and consideration, are recommending the sale be awarded to Maloma Peterkin of Dreamchasers Preschool, in the amount of $75,000 for the purpose of a pre-school program.  Details of both bids are attached. 
 

RECOMMENDATION:

Approval of the sale to Maloma Peterkin of Dreamchasers Preschool. 

ALTERNATIVES:

Reject all bids

RESPONSIBLE STAFF:

Rebecca Grohall 

COORDINATED WITH:

Ben Bryan
Gelencia Carter
Georgia Montgomery
Mike Reals
Caleta Scott

Fiscal Impact

Budgeted Y/N:
N
Fiscal Year:
2019

OTHER INFORMATION:

Receipt of $75,000 from sale of property

Attachments

Form Review

Form Started By:
rgrohall
Started On:
11/01/2018 05:09 PM
Final Approval Date:
11/16/2018