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HomeMy WebLinkAbout12794RESOLUTION NO. 12794 A RESOLUTION AUTHORIZING AMERIBID, LLC, AN OKLAHOMA LIMITED LIABILITY COMPANY, AND 345 REALTY, INC., A COLORADO CORPORATION, TO SELL EXCESS PROPERTY OWNED BY THE CITY LOCATED AT 1201 EAST EVANS AVENUE, PUEBLO, CO 81004 WHICH WAS FORMERLY USED AS FIRE STATION NO. 4 BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that: SECTION 1. Pursuant to a Master Real Estate Auction Listing Agreement with AmeriBid, LLC, an Oklahoma limited liability company, and 345 Realty, Inc., a Colorado corporation (“Auctioneers”), entered into on September 3, 2013, the Auctioneers are hereby authorized to sell former Fire Station No. 4 located at 1201 E. Evans Avenue, Pueblo, CO 81004 at a public auction. SECTION 2. The officers and staff of the City are directed and authorized to perform any and all acts consistent with the intent of this Resolution which are necessary to effectuate the transactions described herein. SECTION 3. This Resolution shall become effective upon passage and approval. INTRODUCED: September 23, 2013 BY: Eva Montoya Background Paper for Proposed RESOLUTION DATE: September 23, 2013 AGENDA ITEM # M-4 DEPARTMENT: Law Department Daniel C. Kogovsek, City Attorney TITLE A RESOLUTION AUTHORIZING AMERIBID, LLC, AN OKLAHOMA LIMITED LIABILITY COMPANY, AND 345 REALTY, INC., A COLORADO CORPORATION, TO SELL EXCESS PROPERTY OWNED BY THE CITY LOCATED AT 1201 EAST EVANS AVENUE, PUEBLO, CO 81004 WHICH WAS FORMERLY USED AS FIRE STATION NO. 4 ISSUE Should the City sell at auction the former Fire Station No. 4, located at 1201 E. Evans Avenue, Pueblo, CO 81004? RECOMMENDATION City staff recommends approval of this Resolution. BACKGROUND The City owns a parcel of land located at 1201 E. Evans Avenue, Pueblo, CO 81004, which was formerly used as Fire Station No.4. On September 3, 2013, the City entered into a Master Real Estate Auction Listing Agreement with AmeriBid, LLC, an Oklahoma limited liability company, and 345 Realty, Inc., a Colorado corporation (“Auctioneers”), relating to the sale of excess property owned by the City. This Resolution would authorize the Auctioneers to sell former Fire Station No. 4 at a public auction. The City will provide the Auctioneers with a minimum bid which will be kept confidential. The auction of former Fire Station No. 4 would be held in conjunction with the auction of former Fire Station No. 9, which was authorized by City Council Resolution on September 3, 2013. FINANCIAL IMPACT None. The Auctioneers’ 10% commission will be paid by the successful bidder at the auction.