Title
Sale of Lincoln Pool (B)
Explanation
On May 10, 1999, the City Commission authorized tax parcel #15800 be declared as surplus, the advertising and disposal of said property by a sealed bid process, and the negotiation of a Purchase and Sale Agreement to the successful bidder. Staff was aware of two parties interested in acquiring the pool property, the School Board of Alachua County and Edwin Dix of Bosshardt Realty. The School Board wanted to be given the property for expanded office space. Mr. Dix wished to purchase the property for a day care facility.
In order to determine the fair market value, Andrew V. Santangini, MAI was hired to do an appraisal of the property at a cost of $1,500. Mr. Santangini concluded that the property's value was $53,000.
The Purchasing Division sent out bid proposal packages to four parties, including the aforementioned parties and also advertised the sale in the Gainesville Sun. Purchasing received only one responsive bid from Mr. Edwin Dix and his partner Mr. Philip Leitner for the minimum bid price of $53,000. Therefore, the Recreation and Parks Department recommends the sale of Lincoln Pool be awarded to Mr. Edwin Dix and Mr. Philip Leitner.
Fiscal Note
The proceeds from the sale will be placed into the General Fund miscellaneous revenue.
Recommendation
The City Commission authorize the City Manager to execute all documents, to complete the closing in accordance with the purchase and sale agreement, for the Lincoln Pool property to Edwin Dix and Philip Leitner subject to approval by the City Attorney as to form and legality.