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May 24, 2018, City Council Regular Meeting | |
Title 8. Motion to Declare Property Located at 635 E. Broughton Street as Surplus and Available for Sale. | |
Strategic Priority Good Government | |
Description The City-owned property at located at 635 E Broughton Street (PIN 2-0005 -18-005) was acquired by the City in August 2008 for a purchase price of $245,000.00 and is currently being leased on a month-to-month basis by Savannah Pedicab. The property is located directly to the east of the Landmark Historic District and in a location of active development. Ellen Grill, a Realtor with Lynes Realty, has petitioned the City via Petition #180002 requesting that the City declare the property available for sale. The parcel contains 0.07 acres measuring approximately 52’ x 61’ and is improved with a 2,940 +/- square-foot, one-story concrete block building. The property is zoned P-RIP-B. If declared surplus and available for sale, staff will issue a request for proposals (RFP) soliciting a buyer for the property, and will procure a current appraisal of the market value of the property. Proposals will be evaluated by an interdisciplinary committee of staff, and a recommendation of the highest responsible bidder will be made to City Council for award. | |
Recommendation Approval | |
Contact David Keating, Director of Real Estate Services | |
Financial Impact No Cost to the City. Sale proceeds would be deposited in the general fund. | |
Review Comments | |
Attachments Map and Picture of 635 East Broughton Street.pdf 635 Broughton St Petition.pdf |
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