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Home My WebLink About13084 1 Ii ,I RESOLUTION NO. / tfn ff ~ . II RESO:Lt]'1'ION OF THE CITY OF SAN B,."'nnro GIVING .1IOTICE I ImTITING COMPETITIVE BIDS FO_. ''J:'JIE~.'''~~, OR LEAS. WITH AN OnION TO PURCHASE, OF CllRTA!N ~'''.flr OWQD BY SAID -cUY, a.'It>l.T,y LOCATED AT 269 SOU'l'BM'r. vI l.iKAVZNUE IN SAID CI'JIY; E$'.l'.lU5UsHING A MINIMUM SALE PRICE FOR 'ifAll) PROPERTY; AND REPEALING RESOLUTION NO. 12945. I I" I I I 2 3 4 5 6 WHEREAS, the City of San Bernardi~o4.-.njcipal corpora- 7 tion, is the owner of the hereinafter~e8cr:~,..,..rcel of real 8 property situated in the City of san Bernardino, State of 9 California; and 10 WHEREAS, the Mayor and Common Council of the City of San 11 Bernardino find and determine that there is no further need or 12 necessity for the use of said real property; and 13 WHEREAS, the Mayor and Common Council of the City of San 14 Bernardino believe it to be in the best interest of the said City 15 that said parcel of real property be sold, leased, or leased with 16 an option to purchase at the highest price obtainable in the open 17 market, 18 NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COMMON 19 COUNCIL OF THE CITY OF SAN BERNARDINO AS FOLLOWS: 20 SECTION 1. Notice is hereby given inviting competitive bid proposals for the sale of the following real property, more particularly described in and subject to the terms of specifica- 21 22 23 tions No. 4859 on file in the Office of the Director of Public 24 works/City Engineer, Real Property Section, City Hall, 300 North 25 "D" Street, San Bernardino, California, and generally described as follows: 26 27 "An irregular shaped rectangular parcel of land ,t.otalling approximately 11,500 square feet con- taining an old fire station building of approxi- 28 1 mately 2986 square feet and located at 269 South Mt. Vernon Avenue in the City of San Bernardino." 2 3 SECTION 2. The minimum acceptable bid for said real 4 property to be sold, leased, or leased with an option to purchase 5 by said City is established as follows: 6 (a) $20,000 cash selling price, or 7 \ (b) In the alternative, a lease with an option to purchase~ i 8 in a form satisfactory to the City. The. terms for the option to 9 purchase shall include a provision that 10\ of the total selling 10 price, with $20,000 as the minimum selling price, be paid to 11 the City at the commencement of the lease term as and for con- 12 sideration for the option to purchase. The lease shall be for 13 a term of 12 years. Lease payments shall be paid in advance 14 at the rate of $150.00 per month. At the end of the 12 year 15 lease term, if the lessee exercises the option to purchase, 16 he shall be credited toward the purchase price from monthly 17 lease payments already paid at the rate of $125.00 per month 18 for the full 12 year term, in addition to the 10% of the purchase 19 price paid to the City for the option to purchase. If at the 20 expiration of the 12 year lease term, the lessee declines to exercise the option to purchase, or at any time prior to the expiration of the lease term that the lessee shall breach the terms of the agreement, the 10% paid .to the City for the option 21 22 23 24 to purchase and all lease payments made to the City, shall not be refundable to the lessee. Lessee shall pay all taxes upon the property during the terms of the lease; or 25 26 27 (c) In the alternative, a lease in form satisfactory to 28 the City for a lease term of five years, or more, providing for -2- . . 1 i lease payments at a minimum rate of eighteen hundred dollars I ! ($1800.00), or more, per year. SECTION 3. Each competitive bid or proposal.shall be 2 3 4 delivered to the Office of the City Administrator, City Hall, 5 6 I 300 North "D" Street, San Bernardino, California, the hour of 2:00 p.m"~"'Mt. /Jj 1f'7" at which time said sealed bids or proposals shall be opened and on or before 7 8 publicly declared. The highest of said bids or.proposals shall 9 be submitted to the Mayor and Common Council at the hour of 2:00 10 p.m., at the Council Chambers, City Hall, 300 North "D" Street, 11 San Bernardino, C011'O'ita at their oext reqa1ar1y "cbodo1ed meeting being Monday, -&/"u~44f. ~~. /9'7 F ,at which time said Mayor and Common Council may receive oral bids, in 12 13 14 $250.00 increments, provided that the initial oral bid shall be 15 16 an amount not less than the highest written bid plus $250.00 and accompanied by cash or check in an amount of $2590.00, non-refund- 17 able; and oral bidding for the sale of property shall be continued in the same manner and bids received orally until all bidding 18 19 shall have been completed. In the alternative, with respect to 20 the lease of the property, in three hundred sixty dollar ($360.00) 21 increments per year lease payments; provided that the initial oral 22 bid for the lease of the property shall be in an amount not less 23 than the highest written bid plus a three hundred sixty dollar 24 ($360.00) increment per year for the proposed lease term and 25 accompanied by cash or check in the amount of $1800.00, non- 26 refundable, and oral bidding for the lease of the property shall 27 be continued in the same manner and bids received orally until all 28 bidding shall have been completed. In respect to the alternative -3- .- 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 1- of a lease with an option to purchase, oral bids for the full purchase price may be made in $250.00 increments, provided that the initial oral bid shall be in an amount not less than the highest written bid plus $250.00 and accompanied by cash or check in an amount of 10% of the purchase price as payment for the option to purchase, non-refundable if bid is accepted by the Mayor and Common Council. Oral bidding for the lease with an option to purchase shall be continued in the same manner and bids received orally until all bidding shall have been completed. The Mayor and Common Council of the City of San Bernardino reserve the right to make, in their sole discretion, a determina- tion as to whether the property shall be sold, leased, or leased with an option to purchase. SECTION 4. Attention of bidders is directed to "Descrip- tion of Property, Requirements of Bidders, Requirements of Sale and the Official Bid Form" which may be obtained at the office of the Director of public Works/City Engineer, Real Property Section, Room 405, City Hall, 300 North nD" Street, San Bernardino, California. SECTION 5. All written bids or proposals shall be signed, sealed and delivered. No'bid proposal which fails to contain a sum equal to or greater than the minimum acceptable bid price established herein or which is filed at a later time or at a different place or with a different person than required shall be valid or considered for award unless there is substantial com- pliance herewith as determined by the City Administrator in his sole discretion; and the Mayor and Common Council' reserve the -4- ---,..,."'.... I -I i '" 1 right to reject any or all bid proposals for any reason. SECTION 6. This resolution shall be posted on or near the 2 3 door of the Council Chamber, City Hall, San Bernardino, California 4 and shall be published not less than once at least 10 days prior 5 to the date for filing bid proposals with the City Administrator 6 in the Real Estate Section of the San Bernardino Sun Telegram, 7 a newspaper of general circulation published and circulated in 8 said City. 9 SECTION 7. Resolution No. 12945 is hereby repealed. 10 I HEREBY CERTIFY that the foregoing resolution was duly 11 adopted by the Mayor and Common Council of the City of San 12 Bernardino at a.-n.- ~:o"L~,f ",;(,/J-/J) day of LA "'/-'~;;/ meeting thereof, held , 1977, by the following 13 on the /.'.dd 14 vote, to wit: IS AYES: ~'-;Z:~~;t:~~:~ 16 17 NAYS: 18 ABSEI1T: (l/W/sfJ-- 19 ~~ re801ution is hereby approved this . I) ~ day 20 21 The foregoing of '()~""f"~/.. ., , 1977 . Bernardino 22 23 24 Approved as to form: ~~~ City A orney FILED DEe 1 919TI :;q;~ff. 25 26 27 28 -5-