The City of Stuart, Florida is seeking proposals from individuals or firms interested in leasing or purchasing City-owned properties. A list of available properties, which is updated from time to time, appears below.
All leasing and sales decisions are made by the Stuart City Commission on an open and competitive basis. Several factors will be considered in the decision making process, including: compatibility of the proposed use with surrounding uses, the respondent's financial wherewithal and business track record, length of proposed lease and lease rate, quality of proposed tenant improvements, and/or purchase price offered.
To request a complete RFP package or submit questions, please contact: Lenora Darden, Procurement Manager.
|RFDQ# 2018-300, SALE (OR LONG-TERM LEASE) AND DEVELOPMENT OF TWO CITY-OWNED PARCELS KNOWN AS THE 7.27 ACRE "SAILFISH BALLFIELD" PROPERTY AND THE ADJOINING 3.48 ACRE "CITY GARAGE" PROPERTY|
Respondents must register with DemandStar in order to receive all required documents and notification of addenda. Register for FREE at http://www.onvia.com/demandstar-subscriptions 'FREE AGENCY".
There will be a non-mandatory pre-proposal conference held at City Hall Commission Chambers, 121 SW Flagler Ave, Stuart, FL 34994 on Wednesday, May 9, 2018 at 2:00pm. All prospective developers are encouraged to attend. Attendance is highly recommended, but is not mandatory.
Firms desiring to provide the services described about show submit one (1) original and eight (8) copies with one (1) electronic copy (PDF format preferred) on a flash drive of their submittal, containing all of the required information no later than 2:30pm, May 30, 2018. Submittals will be accepted by hand delivery, overnight delivery or by U.S. Mail to Procurement and Contracting Services Division, 121 SW Flagler Avenue, Stuart, FL 34994. Submittals received after that date and time will not be accepted or considered and will be retained unopened. Submittals will be opened as soon as practicable thereafter.
All responses shall be submitted in a sealed envelope or box and marked:
"RFDQ # 2018-300: Sailfish Ballpark & City Garage Properties"
City of Stuart Lease or Sale Policy
Policy Regarding the Lease or Sale of City-owned Property:
Section 2-254. Statement of Intent.
It is the intent of the city commission that no lease of city-owned real property shall be approved by the city commission that does not provide an annual return on investment of at least ten percent. It is the further intent of the city commission that no sale of city-owned real property shall be approved by the city commission for a purchase price of less than the fair market value of the property at the time of sale. This expression of intent may be waived by the city commission upon a determination that a particular lease or sale of city-owned real property for a lesser amount is nevertheless in the best interest of the public.
(Code 1995, § 2-262; Ord. No. 1538, § 1, 11-24-1997)