DATE: July 18, 2023
TO: Board of Supervisors
SUBMITTED BY: Robert W. Bash, Director of Internal Services/Chief Information Officer
SUBJECT: Surplus and Sale of County Property - E. Kings Canyon Road and S.
Cedar Ave and Agreement with Colliers Tingey International, Inc.
RECOMMENDED ACTION(S):
TITLE
1. Approve and authorize the Chairman to execute a listing agreement with Colliers Tingey International, Inc. for marketing and real estate services to assist in the sale of the former University Medical Center (UMC) property, effective upon execution, for a potential 18 month term not to extend beyond December 31, 2024, total not to exceed $120,000; and
2. Adopt Resolution declaring County's intention to sell the surplus property at a minimum price of $6,000,000 and setting September 19, 2023 as the revised date at which sealed proposals to purchase the surplus property will be received or considered (4/5 vote).
REPORT
Department of Internal Services staff is returning with this item containing the necessary actions to sell the real property located in the northeast corner of E. Kings Canyon Road and S. Cedar Avenue, Fresno, CA, commonly known as the UMC property (the Property). Approval of the first recommended action will approve a listing agreement with Colliers Tingey International, Inc. (Colliers) for marketing and related services. Approval of the second recommended action will adopt a revised resolution declaring the Board's intention to sell the Property, set a minimum sale price for the Property to initiate the sale process, and fix a time for a public meeting of the Board at which sealed proposals to purchase the Property will be received and considered, as required by Government Code ? 25526. Approval of the second recommended action will also move the previously approved date of the auction to September 19, 2023, to provide Colliers sufficient time to market the location. This item pertains to a location in District 3.
ALTERNATIVE ACTION(S):
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