Summary
To: Mayor Gary H Katica & Commissioners
From: JP Murphy, Town Manager
Date: 2/4/2020
______________________________________________________________________
Subject:
Title
Amending and Replacing of Resolution 2019-28: Pertaining to the sale of the former Ahlf Properties
Summary:
This serves to amend and replace the resolution previously passed on December 3, 2019. This resolution seeks enact the manner in which the Commission will dispose of the 3 parcels of land on Baybrook, formerly known as the Ahlf properties. The primary intent is to lay out the competitive sales procedures, and selection of successful buyers. In sum, offerors will be blind to the commission during the 60 day offering period and during the ranking process of the best offers. The 60 day offering period will begin on Wednesday, February 5, 2020, and cease on Sunday, April 5, 2020. Any potential offer outside of this process or in violation of the confidentiality rules should be disqualified and not considered. The form of the contract to be used for sale is included as an attachment as well. Upon successful negotiation of a contract an ordinance approving the sale will be drafted and closing will occur after final reading and adoption.
The Commission may choose to review the item at regular meeting scheduled Tuesday, April 7 following the closure of the offering period. This would result in a shorter time frame for reviewing the offers. An additional option the Commission may also choose is to wait for the next regularly scheduled meeting on Tuesday, April 21, allowing more time for the ranking process of the best offers.
End
Body
Previous Commission Action: The Commission previously found the properties to be surplus and approved the engagement with CBRE for brokerage services.
Background/Problem Discussion: In accordance with Article VIII, section 2 (b), Florida Constitution, and Chapter 166 Florida Statutes, the Municipal Home Rule Powers Act, that in the absence of a ...
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