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7.2 Real Estate Firm Selection - 2626 Quail Hollow DriveCITY OF SALINA REQUEST FOR CITY COMMISSION ACTION DATE TIME 2/1/2016 4:00 P.M. AGENDA SECTION ORIGINATING DEPARTMENT: FISCALBY: A7`1 : NO: 7 ! ITEM Development Services FINAL APPROVAL: NO: 2 Page 1 BY: Gary Hobbie BY:% ITEM: Select a real estate firm to assist city staff in selling the vacant building parcel located at 2626 Quail Hollow Drive, BACKGROUND: Over the past year City staff has twice requested bid proposals, for the sale of the residential lot at 2626 Quail Hollow Drive, with very limited success. Staff now brings to the City Commission the list of Kansas Real Estate Brokerage Firms who would be eligible to contract with the City to sell the vacant lot. It is the intent of the city staff to request that the City Commission select the firm who may contract for services and complete the contract for sale. The broker/firm should be able to provide all real estate services at its earliest convenience. This property was acquired by the City of Salina in 2001 at a cost of $1,178.69 and payment of special assessments of $10,886.86 for a total investment of $12,045.55 plus maintenance from that date of purchase. The property is legally described as Lot 16, Block 1, of the Re -plat of the Pheasant Ridge Subdivision and address as 2626 Quail Hollow Drive. The property is located in east Salina, north of Crawford Street, west of Prairie Lane, on the west side of Quail Hollow Drive, and abuts the drainage easement on the west. The property is zoned R-1 for single family home use. The expansion of Pheasant Ridge Subdivision No. 2 affords this lot to become a surplus parcel due to the relocation of the sanitary sewer lift station. This parcel consists of approximately 11,976.5 square feet or .275 acres. This surplus parcel is adjacent to the Quail Hollow Drainage System on the West and Quail Hollow Drive on the East. This property has been issued a LOMA letter from Federal Emergency Management Association. The City of Salina has invested in this property by providing all necessary infrastructure improvements. City staff has also maintained this parcel since purchase and will continue to do so until it is transferred to a new owner. Upon your selection of a real estate firm, city staff will contract for the dispersal of the lot in Pheasant Ridge Subdivision. Our hope is the lot can be sold and the new owner can begin to place a new residential single family home in the very near future. Selection Criteria Selection of a brokerage firm could be based upon the following criteria: • Ability of the broker/firm to meet or exceed the requirements necessary for dispersal of this property • Experience, qualifications and willingness to expedite the property sale • Knowledge of the City of Salina real estate market and ability to market to prospects • Provide firm's fee schedule • Ability to assist city staff in placing a fair market value on the parcel prior to listing, one comparable with other similar building lots in the'community and place marketing signage within AGENDA SECTION NO: ITEM NO: Page 2 CITY OF SALINA REQUEST FOR CITY COMMISSION ACTION ORIGINATING DEPARTMENT: Development Services BY: Gary Hobble DATE TIME 2/1/2016 4:00 P.M. FISCAL APPROVAL: BY: FINAL APPROVAL: BY: three days of listing agreement signatures • Willingness to present innovative ideas in marketing the property; web sites, flyers, virtual or picture tours, assistance to potential home owners or builders with municipal processes to obtain a contractor or building permit • Continue to develop and maintain a positive working relationship with the staff, City of Salina and Salina MLS, agents, contractors and homebuyers FISCAL NOTE The sale of this property would produce funds to be deposited into the City General Fund with a desire of Development Services staff to be allowed to use the monies for the purchase of other vacant lots which would be placed into a land bank system or another entity within the City of Salina. COMFORMANCE WITH STRATEGIC PLAN: 1. The City Commission of Salina will have committed to providing the highest quality of city services possible within available resources. 2. The City Commission recognizes their role and responsibility to provide the needed policy direction and resources to its administration. 3. At the same time, the city's administrative personnel are committed daily to transforming this direction and resources into the highest possible quality of municipal services, consistent with the expectations of both the City Commission and the citizens of Salina. COMMISSION ACTION: Select the real estate brokerage firm to handle the sale of a vacant parcel of land located at 2626 Quail Hollow Drive. Enclosure: Listing of Real Estate Brokerage Firms Company Name Advantage (aka:ReMax Advantage) All American Realty Antrim Piper Wenger Realtors, Inc. Avenues Realty Blomquist Realty and Auction Inc. Boss Realty LLC Brenda O'Gorman Realty Compro Realty, LLC Crossroads Auction,& Realty Inc. Doll Real Estate Eastridge Realty Expert Partners, LLC F and F Real Estate Holm Town Realty Lee Haworth Realty Margaret Robertson Real Estate Millwood Realty, Inc. Newmark Grubb Zimmer Odle Rural Real Estate Omli and Associates, Inc. Realty Associates, Inc. Realty Referral Network LLC SalinaHomes.Com, Inc. Staven Real Estate Wally Storey & Associates, Inc. Wilson Realtv Address 415 E. Iron Ave. 516 Fairdale Rd. 631 E. Crawford —_- 808 Mellinger j 712 S. Ohio, Ste A _ f 204 S. Santa Fe 705 Victoria Heights Dr. 157 S. 7th Street -301-W. Rafter -M--La ne 442 Beechwood 601 S. Broadway/P.O. Box 1305 309 W. Pacific Ave. 1551-Briargate - — 311 E. Crawford 348 E. Avenue A 851 C. Fairdale Rd. 1101 S. Ohio 28 Crestview Drive 4415 N. Sandy Ave. 604 Barney 2103 S. Ohio/P.O. Box 1663 631 E. Crawford — 300 S. 9th St, Ste 101 3226 Canterbury Dr. 227 N. Santa Fe, Ste 301/P.O. Box 123 601 S. Broadway/P.O. Box 1305 to source: Kansas Beal Estate Commission 1/22/2016 I City State ' Zip SalinaKS 67401 Salina SKS 67401 +Salina SKS 67401 Salina IKS 67401 Salina KS 67401 Salina KS 67401 Salina I KS 67401 Salina K5 1 67401 Salina - .T KS ......-.-__.._.. 67401 _.- Salina 'KS 67401 (Salina KS 167402-1305 'Salina !KS_ _ 67401 ISalina KS 67401 Salina KS 67401 Salina SKS 67401 Salina KS 67401 Salina KS ' 67401 Salina SKS 67401 Salina KS 67401 Salina KS 67401 Salina KS - 67402-1663 I 67401 Salina IKS Salina KS 67401 Salina KS 67401 Salina KS 167402-0123 Salina— - 167402-1305 I