Title
Authorization to Sell City-owned Property at 220 E. Roeser Road Identified as Excess Property Inventory (Ordinance S-43463)
Description
Request to authorize the City Manager, or designee, to sell City-owned property at 220 E. Roeser Road identified as excess real property inventory. Further request authorization for the City Treasurer to accept all funds related to this item.
Report
Summary
The excess property to be sold is approximately 29,160 square feet of vacant land located within the northern portion of assessor parcel number 113-35-051A listed at 220 E. Roeser Road. The excess property to be sold will have access from East Cody Drive. Phoenix Fire Station 22 sits on the southern portion of the parcel and will continue to have access from East Roeser Road. The current parcel will be surveyed and subdivided to maintain the existing Fire Department location, then the excess property will be listed on the open market by a City-contracted broker at market value to be determined by an appraisal, broker's opinion of value, or other valuation method accepted by the City. Further requesting authorization to negotiate with the offeror[s] in order to yield the highest dollar return to the City, as deemed acceptable by the City Manager or designee. The City Manager, or designee, will select the highest responsive and responsible offer for the property based upon market value, and enter into an Agreement for the Purchase and Sale of City-owned property, containing terms and conditions deemed necessary and appropriate by the City. The subsequent fee simple conveyance will be by Special Warranty Deed.
Concurrence/Previous Council Action
The Sustainability, Housing, Efficiency and Neighborhoods Subcommittee recommended City Council approval of this item on Feb. 21, 2017, by a vote of 4-0.
Location
220 E. Roeser Road (northern portion with access from East Cody Drive)
Department
Responsible Department
This item is submitted by Assistant City Manager Milton Dohoney, Jr. and the Fire and Finance departments.