Item Coversheet
Item Number:
B.(2)
Meeting Date:4/23/2018
Item Type:DISCUSSION
AGENDA REQUEST FORM
CITY OF CAPE CORAL
 

TITLE:
Discussion of City Owned Parcels

REQUESTED ACTION: 
Informational

STRATEGIC PLAN INFO:
 1. Will this action result in a Budget Amendment? No
 2. Is this a Strategic Decision? No
  If Yes,  Priority Goals Supported are listed below. 
  If No, will it harm the intent or success of the Strategic Plan? No
Planning & Zoning/Staff Recommendations:


SUMMARY EXPLANATION AND BACKGROUND:

The City of Cape Coral owns 1,548 strapped parcels.  Staff has identified 488 parcels required for current or future use; 686 parcels with potential future development, of which 507 parcels are located in Festival Park and Lake Meade Park; and 374 parcels which could potentially be sold as surplus.  

 

The sale or disposition of surplus real property is governed by the Code of Ordinances, Division 3, Section 2-155.  In the past, the City’s surplus real property was sold by listing the parcels on the Multiple Listing Service (MLS).  The Code of Ordinances requires the property be listed for sale for a period of not less than 30 days.

 

Staff recommends listing any future City surplus properties on the Multiple Listing Service in order to obtain maximum exposure and the highest price for each property.



LEGAL REVIEW:


EXHIBITS:
Disposition Steps for Surplus Real Property

Portion of Procurement Section of the Code of Ordinances

Map

PREPARED BY:
Dawn Y. Andrews, Property BrokerDivision- Real Estate Department-Financial Services 

SOURCE OF ADDITIONAL INFORMATION:

Victoria L. Bateman, CPA, CGFM

 Financial Services Director

239-574-0491

 

Dawn Andrews, Property Broker

 Financial Services / Real Estate Division

239-574-0735
ATTACHMENTS:
DescriptionType
Disposition Steps for Surplus Real PropertyBackup Material
Portion of Procurement Section of Code of OrdinancesBackup Material
MapBackup Material