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HomeMy WebLinkAboutAgenda Report - August 15, 2007 K-04AGENDA ITEM K.'4 ANUM CITY OF LODI W) COUNCIL COMMUNICATION TM AGENDA TITLE: Adopt resolution authorizing the C i Manager io issue a Request for Proposal for Brokerage Services to sell surplus City -owned real estate properties (EUD) MEETING DATE: August 15,2007 PREPARED BY: Electric Utility Director RECOMMENDED ACTION: Adopt a resolution authorizing the C i Manager to issue a Request for Proposal for Brokerage Services to sell surplus City -owned real estate properties. BACKGROUND INFORMATION: On April 11, 2006, sfa$ provided the City Council a list of unutilized real estate properties currently owned by the City. Staff is requesting permission to issue a Request for Proposals for brokerage services to assist in the marketing and sale of these City -owned properties. One of the unutilized sites is the Electric Utility Department property located at 500 South Guild Avenue. This lot is approximately 9.09 acres as per APN 049-250-61 in the San Joaquin County Assessor's Book of Parcels Map Book 21 Page 159 as shown in Attachment A It is surrounded by: Central California Traction Company on the North, Thurman Street on the South, Guild Avenue on the Eastern side, and a City of Lodi property (APN 049-250-13) to the West. Recently, EUD advertised the property for sale through a formal Request for Proposal without success. It was advertised for approximately two months to interested parties without employing the services of realtyagentsand/or brokeragefirms. There were several inquiries and almost all of the bid documents that were placed on the site were taken. However, no proposals were received by the June 22.2007 deadline. As a result, Staff believes that the services of a professional com m ercial brokeragefirm may be necessary to obtain qualified proposals in a timely manner. For purposes of minimizing the expense related to brokerage fees, a two- tiered brokerage fee structure is proposed. Within the first tier (property sales price is less than or equal to appraised value) the City is soliciting proposals where it would pay up to a limited fixed amount reflecting the actuallexpected cost of advertisement and marketing incurred by the brokerage company. Forthe second tier (sales price in excess of appraised value), the RFP indicates the City's willingness to pay a conventional fee of up to six percent (61/6) of the sale price exceeding the appraised value. Bidders will be allowed to propose lower fees if desired. Although not encouraged, alternate proposalswill be considered if deemed advantageousto the City. The EUD property at 500 South Guild Avenue will be the first application of this two-tiered brokerage fee structure. It will also be implemented with other City properties should the approach prove successful. FYI, the EUD property had an appraised value of $2.5 million on October 2006. Attached is a copy of the proposed Request for Proposal for brokerage services that will be used initially in markellinglseNing EUD's property at 500 South Guild Avenue and then applied to other unutilized real estate properties owned by the City as identified below: 1. 1119-1120 Awani Drive (APN 04125038 & 04141001) 3.65 acreswith appraised value of $1.2 million; and 2. 217 East Lockeford (APN 04122002), 1.36 acres with appraised value of $340 thousand; and 3. Century Blvd. Right-of-way, (West of Stockton Street) 3.06 acres with annual lease paymentvalue of $400 thousand. APPROVED: (Blair City Manager Adopt resolution authorizing the City Manager to issuea Requestfor Proposal for Brokerage Services to sell surplus City -owned real estate properties(EUD) August 15,2007 Page 2 of 2 This brokerage services arrangement is proposed to be effectivefor a period of 12 months from contract execution and may be extended for up to two additional years. FISCAL IMPACT: Proceeds from real estate sales will enhance the City's financial position. FUNDING AVAILABLE: Not applicable. �1 lArfl.. LL &"L� George . Monte Electric Utility Director PREPAREDBII: Demy Bucaneg.k., P.E.,Manager,Engineering & Operatiom GFMIDBW Attachments (2) CITY COUNCIL BOB JOHNSON, Mayor JOANNE MOUNCE, Mayor Pro Tempore LARRY D. HANSEN SUSAN HITCHCOCK PHIL KATZAKIAN To Prospective Bidders CITY OF LODI ELECTRIC UTILITY DEPARTMENT GEORGE F. MORROW, DIRECTOR 1331 S HAM LANE LODI, CALIFORNIA 95242-3995 (209) 333-6762 FAX (209) 333-6839 August 3, 2007 BLAIR KING, City Manager RANDI JOHL, City Clerk D. STEPHEN SCHWABAUER, City Attorney Subject: Request for Proposal (RFP) to provide brokerage services to sell unutilized real estate properties of the City starting with the 9.09 -acre real estate Property at 500 South Guild Avenue, Lodi, California The City of Lodi hereby invites sealed proposals to provide brokerage services in selling various unutilized City -owned real estate properties starting with the 9.09 -acre real estate property at 500 South Guild Avenue, Lodi, California. Each bid shall be in accordance with this notice and specifications on file and available from the City of Lodi Electric Utility Department, 1331 South Ham Lane, Lodi, California 95242, (209) 333-6762. No bid will be considered unless it is submitted on a format according to the `ORGANIZATION OF PROPOSAL' Section of this RFP document. Sealed proposals shall be delivered to the Budget Manager at the City Hall Annex, 300 West Pine Street, Lodi, CA 95240 (P.O. Box 3006, Lodi, CA 95241-1910) on or before September 19, 2007, at 11:00 a.m. At that date and hour said sealed proposals will be publicly opened and read in the Public Works Conference Room, City Hall, 221 West Pine Street, Lodi, California. Bidders or their authorized representatives are invited to be present. Please submit detailed proposal and your standard service agreement for review and approval. If there are any questions regarding this request for proposal, you may contact me at (209) 333- 6828, by email at gmorrow(cDlodielectric.com or Demy Bucaneg of my Staff at (209) 333-6811. Arrangement for site inspection may be made by calling Mr. Bucaneg at least 24 hours in advance of planned inspection. George Morrow Electric Utility Director The City of Lodi, CA is inviting qualified firms to provide a proposal for brokerage services to sell surplus real estate properties owned by the City starting with the Electric Utility Department's 9.09 - acre real estate property at 500 South Guild Avenue, Lodi, California. The following Request for Proposals (RFP) outlines the background, scope of work and proposal requirements for the services. BACKGROUND On April 11, 2006, Staff provided the Lodi City Council a list of unutilized real estate property currently owned by the City. A lot located at 500 South Guild Avenue was one of them. This property is approximately 9.09 acres as per APN 049-250-61 in the San Joaquin County Assessor's Book of Parcels Map Book 21 Page 159 as shown in Attachment A. EUD is responsible for this property and it is vacant. The property is surrounded by: Central California Traction Company on the North, Thurman Street on the South, Guild Avenue on the Eastern side, and a City of Lodi property (APN 049-250-13) to the West. During the City Council meeting on February 7, 2007, it was reported that the subject property was appraised at $2.5 million. Staff also requested permission to market the property. Proceeds of the sale will be used to augment the financial reserve goal of EUD. The City Council, on motion of one Council Member, directed Staff to secure bids for sale of 9.09 acres at 500 South Guild Avenue. SCOPE OF WORK The scope of work for this brokerage services to sell subject properties will encompass, but not be limited to, the following task areas: 1. Research, gather and compile all pertinent documents and disclosures necessary for the sale of designated properties. 2. Obtain title, deed, appraisal, tax, comparatives, and assessor's records about the property. 3. Advertise and market the sale of this property effectively in the most efficient time possible at the highest probable market price. 4. Install the appropriate 'For Sale' signs that maintain the aesthetics of the property. 5. Provide timely response to all buyer inquiries including those referred by the City of Lodi 6. Provide regular monthly/weekly feedback to the City's designated representative(s) as to the status of sale of properties detailing the number of inquiries, offers, modifications on the marketing strategy, and changes in the industry affecting the sale of the property and recommendations that would effectively enhance its marketability. 7. Prepare, process and record all papers and documents, including financing, to complete the sale and transfer of property to the selected buyer. It shall be noted that the buyer will be responsible for all costs and arrangements associated with the processing, recording and transfer of this property. 8. Close escrow and deliver the final payment for the sale of the property to the City of Lodi. 9. Submission of final sales report to the City. ORGANIZATION OF PROPOSAL Prospective Bidders are furnished with one request for proposal (RFP) document. Proposals shall follow the following format: A. Service approach narrative — This section should demonstrate an understanding of the task at hand and include a narrative describing how the Bidder would go about the work. B. Project team — Describe the personnel who will carry out services, and their respective responsibilities. C. Qualifications — Provide a narrative describing how the team as a whole meets the qualifications for the services. Include a list of prior relevant sales. D. Marketing Plan — This section should include the strategy of marketing and advertising the property and target time of sale. E. Brokerage Fee — Provide the proposed brokerage fee/s, structure, other surcharges, and/or details as appropriate. Note: Refer to Item No. 7 of the `Additional Terms And Conditions' of this request for proposal. F. Signatures - The proposal must be signed with the full name and address of the bidder, by an authorized representative of the company with all the information below. i. Name of company ii. Address iii. Authorized signature iv. Name v. Title vi. Telephone No. vii. Fax No. viii. Date G. Note - The City of Lodi reserves the right to reject any or all bids, to waive any informality in any bid, to accept other than the lowest bid, or not to award the bid. PROPOSAL SUBMISSION A. The Budget Manager will receive sealed proposals at the following address until 11:00 am, Wednesday, September 19, 2007. B. Proposals shall be submitted under sealed cover, plainly marked Proposal — Brokerage Services Bid Opening - September 19, 2007. Bids, which are not properly identified, may be disregarded. Bids, which are not received by 11:00am, Wednesday, September 19, 2007 will be returned to the bidder unopened. Bids shall be submitted To: Lodi City Council c/o —Budget Manager (If delivered by FedEx, UPS, or courier): (If delivered by mail): 300 West Pine Street P O Box 3006 Lodi CA 95240 Lodi CA 95241-1910 BID OPENING A. At 11:00 A.M., Wednesday, September 19, 2007, or as soon as possible thereafter, in the Public Works Conference Room, City Hall, 221 West Pine Street, Lodi, California, proposals will be publicly opened and read. Bidders or their authorized representatives are invited to be present. SELECTION PROCESS Complete proposals will be evaluated based on the information submitted. This will permit a recommendation to the City Council for contract award. The following equally weighted criteria will be used to evaluate submitted proposals: A. The likelihood of the proposed approach to produce the desired results. B. Qualifications of the Bidder. C. The value offered by the Bidder's price in relation to the proposed approach. REJECTION OF PROPOSALS The City of Lodi reserves the right to reject any and all proposals and to solicit new proposals with modified terms and conditions. It also reserves the right to waive any informality in connection with the proposals. CONTRACT AWARD 1. The City of Lodi reserves the right to reject any or all bids, to waive any informality in any bid, to accept other than the lowest bid, or not to award the bid. 2. If there will be a tie in the submitted proposals, the tie will be broken by a coin toss, conducted by the Budget Manager. Tie bidders will be notified and may be present. 3. In all circumstances, including receipt of alternative bids, the City Council reserves the right to select the bid most advantageous to the City. 4. The award, if made, will be made within forty five (45) days after the opening of the bids. GENERAL PROVISIONS 5-409 Responsibility for Damage The City of Lodi, its elected and appointed boards, commissions, officers, agents and employees shall not accept responsibility for any loss or damages that occur during the scope of work to the work or any part thereof; or for any material or equipment used in performing the work; or for injury or damage to any person or persons, either work personnel or the public; for damage to adjoining property arising from or related to Contractor's negligence or willful misconduct during the progress of the work or any time before final acceptance. The Contractor shall indemnify and save harmless the City of Lodi, its elected and appointed boards, commissions, officers, agents and employees from any suits, claims or actions brought by any person or persons for or on account of any injuries or damages sustained or arising out of Contractor's negligent acts, errors or omissions in the performance of the work or in consequence thereof. The City of Lodi may retain as much of the money due the Contractor as shall be considered necessary until disposition has been made of such suits or claims for damages as aforesaid. 5-413 Insurance Requirements for Contractor The Contractor shall provide proof of insurance to be maintained during the life of this contract as listed under General Liability and Automobile Liability coverage listed below. These insurance policies shall protect the Contractor and any subcontractor performing work covered by this contract from claims for damages for personal injury, including accidental death, as well as from claims for property damages, which may arise from Contractor's operations under this contract, whether such operations be by Contractor or by any subcontractor or by anyone directly or indirectly employed by either of them, and the amount of such insurance shall be as follows: COMMERCIAL GENERAL LIABILITY Per Occurrence $1,000,000 Property Damage Personal & Adv Injury $2,000,000 General Aggregate 2. COMPREHENSIVE AUTOMOBILE LIABILITY $1,000,000 Combined Single Limits NOTE: Contractor agrees and stipulates that any insurance coverage provided to the City of Lodi shall provide for a claims period following termination of coverage which is at least consistent with the claims period or statutes of limitations found in the California Tort Claims Act (California Government Code Section§ 810 et seq.). A copy of the certificate of insurance with the following endorsements shall be furnished to the City of Lodi: (a) Additional Named Insured Endorsement with Primary Wording Such insurance as is afforded by this policy shall also apply to the City of Lodi, its elected and appointed Boards, Commissions, Officers, Agents and Employees as additional named insured, insofar as work performed by the insured under written contract with the City of Lodi. (This endorsement shall be on a form furnished to the City of Lodi and shall be included with Contractor's policies.) Wording: Such insurance as is afforded by the endorsement for the Additional Insureds shall apply as primary insurance. Any other insurance maintained by the City of Lodi or its officers and employees shall be excess only and not contributing with the insurance afforded by this endorsement. (c) Severability of Interest Clause The term "insured" is used severally and not collectively, but the inclusion herein of more than one insured shall not operate to increase the limit of the company's liability. (d) Notice of Cancellation or Change in Coverage Endorsement This policy may not be canceled nor the coverage reduced by the company without 30 days' prior written notice of such cancellation or reduction in coverage to the City Attorney, City of Lodi, P.O. Box 3006, Lodi, CA 95241. (e) Contractor agrees and stipulates that any insurance coverage provided to the City of Lodi shall provide for a claims period following termination of coverage which is at least consistent with the claims period or statutes of limitations found in the California Tort Claims Act (California Government Code Section 810 et seq.). "Claims made" coverage requiring the insureds to give notice of any potential liability during a time period shorter than that found in the Tort Claims Act shall be unacceptable. 5-414 Workers' Compensation Insurance The Contractor shall provide proof of and maintain during the life of this contract, Worker's Compensation Insurance for all Contractor's employees employed at the site of the project and, if any work is Subcontracted, Contractor shall require the subcontractor similarly to provide Worker's Compensation Insurance for all of the latter's employees unless such employees are covered by the protection afforded by the Contractor. In case any class of employees engaged in hazardous work under this contract at the site of the project is not protected under the Worker's Compensation Statute, the Contractor shall provide and shall cause each subcontractor to provide insurance for the protection of said employees. This policy may not be canceled nor the coverage reduced by the company without 30 days' prior written notice of such cancellation or reduction in coverage to the City Attorney, City of Lodi, P.O. Box 3006, Lodi, CA 95241. ADDITIONAL TERMS AND CONDITIONS 1. THIS REAL ESTATE PROPERTY IS SOLD IN "AS IS" CONDITION. The City of Lodi makes no guarantee as to the suitability of the property for any specific purpose, and all warranties, expressed or implied, are disclaimed. 2. The successful brokerage company shall indemnify and hold harmless the City of Lodi, its officers and employees, from all suits or actions of every name, kind and description brought for or on account of any injuries, damages, and/or costs incurred or sustained by any person or persons, by or from the bidder, in the use or inability to use, sell or dispose of this property. Submission of the bid constitutes bidder's agreement to this and all other sections of this request for proposal. 3. In addition to the prices offered and accepted by the City, the potential buyer of the property shall be responsible for payment of Sales or Use tax, or in lieu thereof, shall provide the City with a tax exemption certificate issued by the California Board of Equalization. 4. The successful brokerage company will require the potential buyer of the property to provide a narrative description of proposed use of the property and the timing of implementation. 5. The successful brokerage company shall emphasize that the minimum acceptable bid price shall be equal or higher than the latest appraised value. The EUD property, being the first City property to be processed, at 500 South Guild Avenue, Lodi, California has the October 2006 appraised value of $2.5 million. 6. It is agreed that in the event of any litigation arising hereunder, the bidder at the request of the City of Lodi shall submit to the jurisdiction of any court of competent jurisdiction within the County of San Joaquin, State of California, and will comply with all, requirements necessary to give such court jurisdiction, and that all matters arising hereunder shall be determined in accordance with the law and practice of such court. It is further agreed that service of process in any such litigation may be made in the manner provided for in said code for service upon a person outside of the State of California. 7. The Brokerage Fee Schedule shall be two-tiered as follows: a. First Tier — The City of Lodi shall pay the successful brokerage agency an amount not to exceed the actual or estimated cost of advertising and marketing a property. This tier applies to that portion of the property's sale price that is equal or less than the City -designated appraised property value. b. Second Tier — The City of Lodi shall pay a maximum fee of six percent (6%) which shall be calculated based on that portion of the sale price exceeding the appraised value. And for the EUD property at 500 South Guild Avenue, the October 2006 appraised value of $2.5 million shall be the basis. 8. The brokerage services shall be effective for an initial period of twelve (12) months from date of contract execution. 9. The brokerage services shall be extended in a yearly basis up to a period of two (2) years with the approval of the City Council. 10. From time -to -time, properties in addition to the 500 South Guild listing may be provided by the City to the successful brokerage firm for marketing, sale, and/or lease. These City - owned properties may include the following: a. 1119-1120 Awani Drive (APN 04125038 & 04141001) 3.65 acres with appraised value of $1.2 million b. 217 East Lockeford (APN 04122002), 1.36 acres with appraised value of $340 thousand c. Century Blvd. Right -Of -Way, (West of Stockton Street) 3.06 acres with annual lease payment value of $400 thousand MAILING LIST Michael Carouba Coldwell Banker Commercial The Duncan Company 18826 N. Woodbridge, Ca 95258 Tel. No. (209) 327-7700 Email:.Michael@duncando.com Chuck Lantznester American Commercial Brokerage Tel. No. (209) 951-1888 x222 email: americancb@hotmail.com John Fondale TRI Commercial Tel. No. (209) 477-9364 Cellular: (916) 768-9236 Email: jfondale@tricommercial.com Hal Lurtsema Prudential California Real Estate Tel. No. (209) 367-0502 email: hallurtsema@mypermail.com Steve Hennecke Prudential California Real Estate Tel. No. (209) 365-8340 email: shenecke@pacbell.net Jim Stanley 497 Crocker Road Sacramento, Ca 95864 Tel. No. (916) 978-0433 Tel. No. (916) 812-7200 Chris Book Cornish & Carey Commercial Tel. No. (916) 569-2335 Email: cbook@ccarey.com Frank Allegre 4988 W. Highway 12 Lodi, CA 95242 . Owe ed -400dwe ;r,s THIS -xssmT oar .4,&,v= 049-250 41 � ff PDR. SED. 7, T. 3N. R. 7F., M. D. 8. &M. r A - A Y. Sk 00: Pt. 12] B - R S Bt. 29 Py. 065 C -P. mLUL 09Pi. 0f2 0 - P. k1. fik. 12 Pp. ISI E - P. AL filr. 1� PQ. f5i ! Bk 16 Pg. 022 F - R. ^... OR. 29 Pq, m d1 P. Y. 9k 20 Pq. 062 0 - R S. 0k 30 Pq, Oa3 R - P. Y. 8k. 16 P¢ I03 a 6k. 17 pq- 167 S ON f - R. . 3IPq 075 J - P. V. Bk. 17 Pq. 02 H - P. Y. ft 20 Pg. 12a r L - A 0, Ok. 2I pg014 W - R. 111. Ok. 2I Ft. 139 AL m 2i Pg, f89 p •• A 4 sh, 22 P9. ON P - P. kf- ft 22 Pq. 067 0- P. ki 9k 22 Pq. 135 R - P. M. OR. 234 092 RESOLUTION NO. 2007-172 A RESOLUTION OF THE LODI CITY COUNCIL AUTHORIZING THE CITY MANAGER TO ISSUEA REQUEST FOR PROPOSAL FOR BROKERAGE SERVICES TO SELL SURPLUS CITY -OWNED REAL ESTATE PROPERTIES, UTILIZING A TWO- TIERED BROKERAGE FEE STRUCTURE WHEREAS, the City -owned property located at 500 South Guild Avenue (APN 049-250-61) was recently identified as one of the City of Lodi's underutilized properties, consisting of approximately 9.09 acres; and WHEREAS, staff recommends utilizing the services of a professional commercial brokeragefirm in order to obtain qualified proposals in a timely manner; and WHEREAS, the request for proposal (RFP) will describe the brokerage services, fees, and general land use; and WHEREAS, for purposes of minimizing the expense related to brokerage fees, a two-tiered brokeragefee structure is proposed; and WHEREAS, within the first tier (property sales price is less than or equal to appraised value), the City is soliciting proposalswhere it would pay up to a limited fixed amount reflecting the actual/expected cost of advertisement and marketing incurred by the brokerage company; and WHEREAS, for the second tier (sales price in excess of appraised value), the RFP indicates the City's willingness to pay a conventional fee of up to six percent (6%) of the sale price exceeding the appraised value. Bidders will be allowed to propose lower fees if desired; and WHEREAS, although not encouraged, alternate proposals will be considered if deemed advantageous to the City; and WHEREAS, the RFP for brokerage services will be used initially in marketing/selling the property at 500 South Guild Avenue and then applied to other unutilized real estate properties owned by the City as identified below: • 1119-1120 Awani Drive (APN 041-250-38 & 041-410-01) 3.65 acres with appraised value cf $1.2 million; • 217 East Lockeford (APN 041-220-02), 1.36 acres with appraised value of $340,000; and • Lease of Century Boulevard right-of-way, (west of Stockton Street) 3.06 acres with appraised value of $400,000". *Annual lease payment of $40,000 forthls property based on appraised value. NOW, THEREFORE, BE IT RESOLVED that the Lodi City Council hereby authorizes the City Manager to issue an RFP for brokerage services to sell the 9.09 -acre real estate property located at 500 South Guild Avenue; the 3.65 -acre parcel at 1119-1120 Awani Drive; the 1.36 -acre parcel at 217 East Lockeford Street; and lease the 3.06 -acre right-of-wayon Century Boulevard (west of Stockton Street); and BE IT FURTHER RESOLVED that the City Council hereby authorizes the two- tiered brokeragefee structure as outlined above; and BE IT FURTHER RESOLVEDthat, although not encouraged, alternate proposals will be considered if deemed advantageous to the City. Dated: August 15, 2007 hereby certify that Resolution No. 2007-172 was passed and adopted by the City Council of the City of Lodi in a regular meeting held August 15, 2007, by the following vote: AYES: COUNCIL MEMBERS— Hansen, Katzakian, and Mayor Johnson NOES: COUNCIL MEMBERS— Hitchcock ABSENT: COUNCIL MEMBERS—Mounce ABSTAIN: COUNCIL MEMBERS— None 1 1 l' lVD v-ViCJ NDI J L City Clerk 2007-172