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A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF POMPANO BEACH, FLORIDA, DECLARING SURPLUS AND EXPRESSING THE DESIRE OF THE CITY OF POMPANO BEACH TO SELL THE REAL PROPERTY LOCATED AT 1207 E. ATLANTIC BOULEVARD, POMPANO BEACH, FLORIDA; PROVIDING AN EFFECTIVE DATE.
(Fiscal Impact: N/A)
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(Staff Contact: Cassandra LeMasurier)
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Summary Explanation/Background:
January 2018 the public library located at 1213 East Atlantic Boulevard relocated to 50 West Atlantic Boulevard next to the Cultural Center. The old library building was demolished May 2018 due to its poor condition. February 2019 the City purchased the vacant lot directly west of the old library property and unified the two properties to be surplused and developed by the successful bidder as one site to maximize the options for future use and development of the site.
The City Commission declared the property surplus with Resolution 2020-147 on March 10, 2020. In accordance with City Charter Invitation for Bids ("IFB") 20-01 was issued on March 12, 2020 with bids due on April 30, 2020. This coincided with an unprecedented Federal stay at home order due to COVID-19.
No bids were received in response to the IFB. Now that the real estate market has stabilized it is recommended the City issue a new invitation for bids to surplus the property. When the IFB was issued and posted on the City's Real Property webpage additional steps were taken to market the property including: posting the property with a for sale sign, listing the property on Co-Star, LoopNet and Land.com, cross posting the IFB on DemandStar, running two (2) legal advertisements in the Sun Sentinel and emailing the IFB notice to 1,050 developers and realtors. It should be noted that as a result of the "For Sale" sign on the property, the City has received interest in the site over the past months.
The property to surplus is 1.07 acres (46,758 square feet) of vacant land on the northwest corner of intersection o...
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