Commissioners Court Meeting

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Meeting Date:	05/29/2018
Status Report on Request for Proposal No. 2018-001 “Webb County Building Purchase”
Submitted for:	Joe Lopez	Submitted By:	Joe Lopez
Department:	Purchasing

Subject:

Status report on the Fair Market Appraisal Report for property located on 1002 Farragut Street (Former HEB Grocery Store). This property location was submitted by sole proposer Northwind Development, LTD related to Request for Proposal No. 2018-001 “Webb County Building Purchase” and Discussion and possible action to authorize staff to take any necessary action as directed by Commissioners Court. [Requested by Joe Lopez III, Purchasing Agent]

Issue: Commissioners Court instructed the Purchasing Agent to secure a Fair Market Appraisal on property submitted by sole proposer to get an independent appraised value of proposed property.

Solution: Consider authorizing staff to negotiate with sole proposer on purchase offer price, or instruct Staff to secure a building assessment report to identify other associated costs with condition of Building, or not accept sole proposal and provide new instructions to staff.

Result: Finalize direction of RFP and provide Staff with instructions as approved by Commissioners Court.

Background:

n/a

Previous Court Action:

Approval by Commissioners Court to secure a Fair Market Appraisal Report on subject property.

Fiscal Impact

Budget Account Number:	N/A
Funding Source:	N/A
Balance:	N/A
Financial Impact:
NO FINANCIAL IMPACT AT THIS TIME.