Purchasing Type: Revenue Generating (RG)
Public Hearing: YES ☐ NO ☒ Department: Purchasing & Contracting
AGENDA ITEM:
Title
Commission District(s): All
RG - Invitation No. 17-100856 for Sale of Rights to a Certain Portion of the Blue Sky Condominium Complex: for use by Community Development. Recommend award to the highest, responsive and responsible bidder: SL Jackson LLC. Revenue Amount: $1,035,000.00.
Body
Information Contact: Talisa Clark, CPPO
Phone Number: (404) 687-2797
PURPOSE:
Consists of the sale of the County exercising its contractual right to direct to convey Real Estate Alliance Partners/Pellerin & Salomon Real Estate Services, LLC (REAP/PSRES) title, if any, to such portion of the Blue Sky Condominium Complex acquired under Contract No. 09-901732 approved on December 13, 2009 by the BOC for “Neighborhood Stabilization Program within “the Municipalities of DeKalb County” Excluding the City of Atlanta” to REAP/PSRES. Three (3) bids were received.
RECOMMENDATION:
Recommended Action
Recommend award to the highest, responsive and responsible bidder:
Option A: Cash Bid
SL Jackson LLC, 1939 Hosea Williams Drive, Atlanta, GA 30317
Revenue Amount: $1,035,000.00
and authorize the Chief Executive Officer to execute the agreement and all associated documents.
ADDITIONAL INFORMATION:
1. Funding: Revenue Generating
2. Additional Bidders:
Redwater LLC
P.O. Box 1226
Decatur, GA 30031
Synergy Real Estate Developers LLC
40 Andrew Drive
Stockbridge, GA 30281