Denton Ionwave #9130-001

Sale of Surplus City Property at S. Mayhill & McKinney St, Denton, TX

The City of Denton is offering a one-time sale of surplus real property at S. Mayhill & E. McKinney St., Denton, Texas. - Government Buyer: - City of Denton, Materials Management and Purchasing Department - Contact: Christina Dormady - Property Details: - Approximately 4.02 acres, identified by DCAD tracts 37239, 37242, and 37244 - Zoned PF (Public Facilities) - Legal description: A0417A M. FORREST, TR 152-154 - Sold strictly AS-IS, WHERE-IS - Conveyance by Special Warranty Deed, subject to existing easements, restrictions, and encumbrances - City retains certain mineral rights and right-of-way reservations - Bid Requirements: - Complete bid package submission via Ion Wave or hard copy - Required documents: Sealed Bid Purchase Offer Agreement, AS-IS, WHERE-IS Condition form, No-Title Policy Statement, Certification of No Debts Owed to the City, Proof of Funds, Closing form, Conflict of Interest Questionnaire - No title policy provided; bidders responsible for due diligence - Award subject to City Council approval; City may reject any or all bids - Payment & Closing: - Full purchase price due by cashier's check within 14 days of notification - Closing must occur within 30 days of City Council acceptance - Unique/Notable Requirements: - Property is subject to all existing zoning, easements, and restrictions - No representations or guarantees regarding value, condition, or suitability - Bidders must certify no debts owed to the City and provide proof of funds

Description

This solicitation is for the sale of surplus property located at S. Mayhill & Mckinney St in Denton, Texas. The property consists of approximately 4.02 acres and is offered AS-IS, WHERE-IS, subject to all applicable conditions, restrictions, easements, zoning requirements, and other matters affecting title or use. Bidders must submit sealed bids through the City's Ion Wave system by the deadline and include all required documents such as a purchase offer agreement, proof of funds, and certifications. The final award is subject to City Council approval, and the City reserves the right to reject any or all bids.

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