HomeMy WebLinkAboutAgenda Report - March 7, 2018 C-11TM
CITY OF LODI
COUNCIL COMMUNICATION
AGENDA TITLE:
MEETING DATE:
PREPARED BY:
AGENDA ITEM
Adopt Resolution Rejecting the Bid for the Sale of City -Owned Real Property
Located at 705 East Lodi Avenue (Former Fire Station 2; APN 043-230-06)
March 7, 2018
Business Development Manager
RECOMMENDED ACTION:
Adopt resolution rejecting the bid for the sale of city -owned real
property located at 705 East Lodi Avenue (former Fire Station 2;
APN 043-230-06)
BACKGROUND INFORMATION: Subsequent to the Council's adoption of Resolution No. 2017-74 on
April 19, 2017, declaring its findings of public interest and
convenience and intention to sell City -owned real property located
at 705 East Lodi Avenue and fixing the time and place of a public hearing, on June 7, 2017 the Council
adopted Resolution No. 2017-108, authorizing the City Manager to proceed with the sale of the property.
Following the Council's action, staff took steps to proceed with offering the property for sale through an
open competitive bid process. As specified in Resolution No. 2017-74, following the bid process, the
Council may reject any or all bids, or accept that bid, which will, in its opinion, best serve the public
interest. A single purchase offer was received during the bid period, however, the offer is well below the
undisclosed appraised value. Staff recommends rejecting the bid as it does not serve the public interest.
FISCAL IMPACT: Revenue from the sale will be used to replenish funds borrowed from
General Fund capital to fund construction of the replacement project until
the sale could be completed. The opportunity cost is unknown and is
largely dependent upon the City's need for similar property in the future.
FUNDING AVAILABLE: Not applicable.
Adam Bru er
Business Development Manager
APPROVED:
er, City Manager
RESOLUTION NO. 2018-32
A RESOLUTION OF THE LODI CITY COUNCIL REJECTING
THE BID FOR THE SALE OF CITY -OWNED REAL
PROPERTY LOCATED AT 705 EAST LODI AVENUE
(FORMER FIRE STATION NO. 2; APN 043-230-06)
WHEREAS, pursuant to Government Code section 37420 et seq., the Lodi City Council
adopted Resolution No. 2017-74, establishing an alternative procedure for the City to sell real
property located at 705 East Lodi Avenue, Lodi, California (APN 043-230-06); and
WHEREAS, by adopting Resolution No. 2017-74, the City Council fixed May 17, 2017,
at 7:00 p.m., or as soon thereafter as the matter may be heard, at the Council Chambers
located at Carnegie Forum, 305 West Pine Street, Lodi, California, 95240, as the time and
place for public hearing to receive written or oral protests to the City's proposed sale of certain
City -owned real property; and
WHEREAS, at the May 17, 2017 meeting, the City Council continued the hearing to
June 7, 2017; and
WHEREAS, at the June 7, 2017 meeting, no oral or written protests were received in
opposition to the proposed sale of City -owned property located at 705 East Lodi Avenue and
the City Council adopted Resolution No. 2017-108, authorizing the City Manager, or designee,
to take the necessary steps to proceed with the sale of the property in the time and manner
provided by law (Gov. Code §§37425 and 37426); and
WHEREAS, staff took steps to proceed with offering the property for sale through an
open competitive bid process; and
WHEREAS, a single bid was received, as follows:
Bidder Name
Frank C. Alegre, Sr.
Purchase Offer
$321,000.00
WHEREAS, the offer is well below the undisclosed appraised property value; and
WHEREAS, Resolution No. 2017-74 indicates, following the bid process, the Council
may reject any or all bids, or accept that bid, which will, in its opinion, best serve the public
interest; and
WHEREAS, staff recommends rejecting the single bid as it does not serve the public
interest.
NOW, THEREFORE, BE IT RESOLVED that the Lodi City Council does hereby reject
the single bid received for the sale of City -owned real property located at 705 East Lodi Avenue
(former Fire Station No. 2; APN 043-230-06).
Dated: March 7, 2018
I hereby certify that Resolution No. 2018-32 was passed and adopted by the City
Council of the City of Lodi in a regular meeting held March 7, 2018, by the following vote:
AYES: COUNCIL MEMBERS — Chandler, Johnson, Kuehne, Mounce, and
Mayor Nakanishi
NOES: COUNCIL MEMBERS — None
ABSENT: COUNCIL MEMBERS — None
ABSTAIN: COUNCIL MEMBERS — None
NNIFER FERRAIOLO
City Clerk
2018-32