ITEM TITLE:
Discussion: Disposal of Property Located 120-142 Egan Drive, Formerly Pipeline Club Property
SUBMITTED BY: Nathan Duval, City Manager
FISCAL NOTES:
Expenditure Required: N/A
Unencumbered Balance: N/A
Funding Source: N/A
RECOMMENDATION:
Provide direction related to desired method of disposal
SUMMARY STATEMENT:
On October 12th, 2022 and again on September 8th, 2023 the City issued requests for proposals for a negotiated land sale for the properties on Egan Drive formerly occupied by the Pipeline Club. The most recent offeror has withdrawn their proposal, and the property is available for disposal again. Staff seeks input from Council on how they would like to proceed with disposal. It is Staff’s recommendation to put the property back in the hands of the community for private ownership.
Council has multiple options for disposal including but not limited to:
• Traditional listing
• Auction
• Over the Counter Sale
• Negotiated Sale
• Requests for Proposals
Interested parties have inquired about the property. The most recent iteration of the advertised RFP is attached for reference.