Denton Ionwave #9130-007 Addendum 1

City of Denton Surplus Property Sale: Paisley St. & Audra Ln (0.601 acres)

This opportunity involves the City of Denton, Texas offering a surplus real property for sale at Paisley St. & Audra Ln (DCAD Tract 29531, approx. 0.601 acres). - Government Buyer: - City of Denton, Purchasing Department, Materials Management Office - Contact: Christina Dormady - Property Details: - Surplus real estate, legal description: A0055A J. BROCK, TR 11 - Size: Approximately 0.601 acres - Location: Paisley St. & Audra Ln, Denton, TX - DCAD #: 29531 - Sale Terms & Requirements: - Property sold strictly 'AS IS, WHERE IS' with no title policy provided - Buyer responsible for all due diligence (title, zoning, encumbrances, restrictions, easements) - Conveyance by Special Warranty Deed - No minimum bid, but fair market value expected - Buyer must submit: - Sealed Bid Purchase Offer Agreement - AS-IS/WHERE-IS Condition acknowledgment - No-Title Policy Statement - Certification of No Debts Owed to the City - Proof of Funds (certified funds letter or account statement) - Closing acknowledgment - Conflict of Interest Questionnaire - Bids must be submitted via Ion Wave system or hard copy (no email/fax) - Final award subject to City Council approval; City reserves right to reject any/all bids - Period of Performance: - One-time sale; closing within 14 days of notification, up to 30 days after City Council acceptance - No OEMs or vendors involved; this is a real property sale, not a product/service procurement.

Description

This solicitation is for the sale of surplus property located at Paisley St. & Audra Ln in Denton, Texas. The property is approximately 0.601 acres and is sold "AS IS, WHERE IS" with all faults, including any applicable conditions, restrictions, easements, zoning requirements, and other matters affecting title or use. Bidders are responsible for conducting their own due diligence before submitting a bid. The City of Denton requires all bids to be submitted through the Ion Wave system or as a hard copy by the specified deadline, and the final award is subject to City Council approval.

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