Title
Authorization to Issue a Request for Proposals for the Sale and Development of a City-Owned Property at 1121 W. Ironwood Drive
Description
Request to authorize the City Manager, or his designee, to issue a Request for Proposals (RFP) for the sale and redevelopment of a City-owned property located at 1121 W. Ironwood Drive.
Report
Summary
The Neighborhood Services Department (NSD) is seeking sealed proposals for the sale and redevelopment of City-owned property located at 1121 W. Ironwood Drive. The vacant parcel measures approximately 10,111 square feet, or 0.23 acres, and was purchased by the City from the State of Arizona in 2008. The purchase was made using general purpose bond funds for blight elimination and to facilitate the redevelopment of an infill home. The use of an RFP will encourage interested developers to activate a vacant parcel within the already established neighborhood. Upon City Council approval, staff will commission an appraisal to establish fair market value, payments, and other considerations to ensure public benefit. The completed appraisal will be made available to interested proposers to assist in the development of their proposal.
The proposed RFP will be publicly advertised and made available for download. A review panel will evaluate each proposal on a 1,000-point scale to evaluate the proposed development. NSD will seek City Council approval to enter into a redevelopment agreement with the proposer with the highest-rated proposal.
Concurrence/Precious Council Action
This item was approved by the Community and Cultural Investment Subcommittee on Feb. 2, 2022, by a 3-0 vote.
Financial Impact
There is no impact to the General Fund.
Location
1121 W. Ironwood Drive
Council District: 3
Department
Responsible Department
This item is submitted by Deputy City Manager Gina Montes and the Neighborhood Services Department.