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March 15, 2018 City Council Regular Meeting
36. Motion to Approve Sale of Surplus Property Located at 415 East Waldburg Street
Strategic Priority
Neighborhood Revitalization

This property is a vacant residential lot located at 415 East Waldburg Street within the Victorian District. The 3,450-square-foot site is located at the southwest intersection of East Waldburg Street and Price Street.

The property was declared surplus and available for sale during the regularly scheduled City Council meeting on July 6, 2017. RFP Event #5734 was issued soliciting sealed bids and proposals from interested buyers. Four responses were received; all were evaluated and scored by committee. The highest scoring response to acquire the lot for residential development was from Mr. Kirk Kenney at a purchase price of $110,100.00. Mr. Kenney is planning to build on the property.  The 2017 Chatham County Board of Assessors has assessed the land value at $55,200.00.



David Keating, Director of Real Estate Services
Financial Impact
Estimated revenue of $110,100.00 to the General Fund
Review Comments
Map and Picture of 415 East Waldburg Street.pdf
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