Previous Item Print Next Item

November 20, 2018, City Council Regular Meeting
Title
49. Motion to Declare Surplus Property and Available for Sale at 4214 Sumter Street
Strategic Priority
Good Government
Description

The City-owned property located at 4214 Sumter Street (PIN 2-0640 -14-008) is a 6,000-square-foot residential site improved with a one-story single-family home constructed in 1965. The property is located in the Liberty City neighborhood and was acquired via Foreclosure Deed on June 5, 2018.

The Chatham County Board of Assessors has assessed the property at $54,100.00. The property was recently appraised and has an estimated market value of $67,000.00.

If declared surplus and available for sale, staff will prepare and issue a request for proposals (RFP) soliciting a buyer for 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
N/A
Review Comments
Attachments
Map and Picture of 4214 Sumter Street.pdf
Agenda Plus