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No. 1664 approving the fair re-use value of property in the SBCDA (SW Corner of Michigan & Washington)
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No. 1664 approving the fair re-use value of property in the SBCDA (SW Corner of Michigan & Washington)
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10/18/2012 2:15:19 PM
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The Redevelopment Commission prefers to see the project maintain pedestrian <br />access between Main Street and Michigan Street. <br />The Redevelopment Commission will judge any proposal based upon the following <br />criteria and reserves the right to reject any and all bids: <br />The amount of the purchase price. <br />2. Conformance of the project to the bid specifications. <br />3. The size and quality of the proposed development. <br />4. The developer's response to the design considerations. <br />5. The ability and the past performance of the bidder. <br />6. The proposed timetable for commencing and completing construction. <br />7. The Redevelopment Commission will consider various development options <br />consisting of a combination of the following items: building (project ?) size and <br />design, construction start date and finish date, full or partial purchase price, full or <br />staged take down of site, immediate or delayed use of the site, and immediate or <br />delayed conveyance of the deed. <br />If no offer is accepted, the Redevelopment Commission may dispose of the real property <br />either at public sale or by private negotiation. For a period of thirty (30) days after the opening <br />of the written offers, no sale may be made at a price less than the minimum offering prices. <br />' I <br />U � � <br />H:\WPDATA\ANN\BIDC4-42 <br />
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