HomeMy WebLinkAbout2020 08_sale city property 106 and US 169_open market process_2020.03.03CITY OF OWASSO, OKLAHOMA
RESOLUTION 2020 -08
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF OWASSO, OKLAHOMA,
AUTHORIZING THE SALE OF CERTAIN REAL PROPERTY OWNED BY THE CITY OF
OWASSO AND INSTITUTING A PROCESS FOR THE SALE OF SUCH PROPERTY
WHEREAS, Article 4, Department of Finance; Fiscal Affairs, Section 4-3, Sale of Property
Valued at More Than $250,000 of the Owasso City Charter authorizes the sale of city property,
real or personal, by either a vote of a majority of the qualified electors of the city who vote
on a question to approve the sale at an election, or by authority of a special non - emergency
ordinance approved by the City Council, published in full in a newspaper of general
circulation within ten days after its passage; and,
WHEREAS, on March 5, 2019, the Owasso City Council approved Resolution 2019 -09,
authorizing the sale of approximately 30,552 square feet or 0.701 acres, more or less, of land
located south of East 106th Street North and east of US 169, using a competitive bid process;
and,
WHEREAS, following the required advertisement, no bids were received for the
property; and,
WHEREAS, the property remains vacant and unused by the City and the City Council
finds that the sale of the property is in the best interest of the citizens of Owasso.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF OWASSO,
OKLAHOMA, THAT:
SECTION ONE: the City of Owasso will conduct an open - market process for the sale of real
property as described above; and, that the City Manager, or his designee(s), is authorized to
market the property for sale with negotiation as may be appropriate; and, that all final offers will
be brought to the Council for consideration and action.
SECTION TWO: the City of Owasso will reserve the right to reject all offers.
APPROVED this 3rd day of March, 2020 by the City
Council of the City..pf Owasso,- ,4QkJphoma
ATTES '
Bann M. Awe , k
APPROVED AS TO FORM: 6 q L,L-,y
Ju V Lombardi, City Attorney
Resolution 2020 -08
Page 1 of 2
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Surveyors Statement
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1. NEY.N Y. NE'MNN. A REGISTERED LAND MinEYIX! IN TIE STATE OF DALVIWA, HEREBY CERTIFY MAT
ME MOW: PUT REPRESENTS A SWNDARY 91R\ .. ME ABDYE PUT REFUCIS NL INSTRUMENTS MAT
HAVE BEEN DISCLOSED AND MiNWE) AT ME THE OF SAINEY. NO OPINION M MERGED AS TO ME OWHRS 11P
OF FENCER OR ANY DME2 APPORTENANCES W SAID PROPERTY. MIS PUT OF OMYEY MEETS ME NINNUN
TECHNICAL STANDARDS AS ADOPTED BY THE a I-MOMA STATE WNN OF REGEMMW FOR PROfE¢WAL
gWNEERS AND UND SURVEYORS
BENNCHNN.IKK 5111RYEYND ! D SEANCES INC.
�4ESS10/74< \L-- n • L.
a 9]PM Y. HENRY! M. NEMLM NCS / 1289
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REAL People -REALC otler -REAL COmmunlly
TO:
The Honorable Mayor and City Council
FROM:
Julie Trout Lombardi
Mingo Crossing Development Company LLC
City Attorney and General Counsel
SUBJECT:
Resolutions Proposing Sale of Surplus Properties
DATE:
February 28, 2020
BACKGROUND:
During the March 5, 2019 meeting, the City Council approved Resolutions 2019 -07, 2019 -08, and
2019 -09, authorizing the sale of the following three (3) surplus properties owned by the City of
Owasso:
• Approximately 10 acres located at the northeast corner of East 96 +h Street North and
North Mingo Road
• Approximately 1.5 acres located at the northeast comer of East 106th Street North and
North Mingo Road
• Approximately 0.7 acres located east of US 169 and south of East 106th Street North
Section 4 -3 of the City Charter provides two (2) methods by which property valued at more than
$250,000 may be sold: (1) approved by a majority vote in an election, or, (2) adoption of a
special non - emergency ordinance by the Council.
Using a public competitive bid process, a Notice of Sale of Property Owned by the City of
Owasso, and an accompanying Invitation to Bid, was advertised for each property, as well as
listed on the city's social media sites, information packets mailed to local and regional real
estate offices, and signage placed at each location. A breakdown of the sealed bid process is
listed below.
NE CORNER OF EAST 96th STREET NORTH AND NORTH MINGO ROAD:
• Minimum bid set at appraised amount of $1.4 million
• Advertisement occurred November 27 and December 4, 2019
• Non - Mandatory Pre -Bid meeting held December 9, 2019
• Public Bid Opening occurred December 16, 2019
• Bids received - Two (2)
The Nest at Bailey Ranch LLC or Assigns
$1,500,001.25
Tulsa, Oklahoma
Mingo Crossing Development Company LLC
$400,000.00
Owasso, Oklahoma
The required non - emergency ordinance approving the sale of the property was placed
on the January 21, 2020 City Council agenda; and subsequently removed from the
agenda when the highest bidder rescinded their offer.
Sale of Surplus Properties
Page 2 of 2
NE CORNER OF EAST 106TH STREET NORTH AND NORTH MINGO ROAD:
• Minimum bid set at appraised amount of $95,000.00
• Advertisement occurred November 27 and December 4, 2019
• Non - Mandatory Pre -Bid meeting held December 9, 2019
• Public Bid Opening occurred December 16, 2019
• Bids received - None
EAST OF US HWY 169 AND SOUTH OF EAST 106TH STREET NORTH:
• Minimum bid set at appraised amount of $416,869.20
• Advertisement occurred January 1 and January 8, 2020
• Non - Mandatory Pre -Bid meeting held January 13, 2020
• Public Bid Opening occurred January 20, 2020
• Bids received - None
Staff now proposes to sell each property through advertisement and the open- market process.
Specifically, a resolution for each property is presented for the Council's review authorizing the
City Manager, or his designees, to market the property for sale with negotiation as may be
appropriate. All final offers will be brought to the Council for consideration and action.
RECOMMENDATION:
Staff recommends approval of Resolution 2020 -06, Resolution 2020 -07 and Resolution 2020 -08
authorizing the marketing for sale and negotiation by the City Manager, or his designees, of
each property therein.
ATTACHMENTS:
Resolution 2020 -06
Resolution 2020 -07
Resolution 2020 -08