Request for Proposals Issued for Eckhardt Avenue Properties
April 4, 2012
Yesterday the City of Penticton embarked upon an open and public process to dispose of municipally owned lands at 903-969 Eckhardt Ave., by officially issuing a request for proposals from potential purchasers.
"These pieces of land are officially for sale, and the City will review any and all offers," Mayor Dan Ashton said. "This public process marks the first step toward disposing the land. We want to create a win-win situation for the citizens of Penticton and the community at large."
There have been a number of enquiries about the potential purchase of the subject lands after the initial sale approved last year did not complete. Some parties have also indicated interest in continuing on with a dormitory concept to suit the Okanagan Hockey School, deemed to be one of the primary lessees of the project presented last fall. The request for proposals, however, does not restrict potential purchasers to such a project.
The City of Penticton is open to considering different alternatives to address builder's liens registered on the lots, and proponents are expected to describe in their proposals how those alternatives would be handled.
"We are confident this process will move us closer to resolving outstanding issues over contractor payments as well as kick-starting an economic driver for Penticton," Ashton said.
The request for proposals for the nine contiguous lots spanning 1.149 acres will be advertised broadly, using several venues and media available to reach out to potential purchasers. Proponents will have one month to submit their RFP, after which time an evaluation committee will review submissions.
Each proposal will be evaluated using a number of different criteria including: the proposed purchase price for the lots; the proposed development of the lots; how the proponent intends to address builders' liens; and the proponent's experience and ability to undertake the proposed development. The committee may also seek additional information and interviews of proponents during the evaluation process.
Any resulting recommendations will be forwarded to Council for review, as per the legislated requirements surrounding the disposition of land within the Community Charter.
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