Opportunity
Denton Ionwave #9130-001 Addendum 1
Sale of Surplus City Property at S. Mayhill & McKinney St, Denton, TX
Posted
August 14, 2024
Respond By
September 02, 2026
Identifier
9130-001 Addendum 1
NAICS
531190
This opportunity involves the sale of surplus city property in Denton, Texas. - Government Buyer: - City of Denton, Materials Management department - Property Details: - Approximately 4.02 acres located at S. Mayhill & E. McKinney St - Identified by DCAD tracts 37239, 37242, and 37244 - Zoned 'PF' (Public Facility) - Subject to existing easements, restrictions, zoning, and right-of-way reservation (approx. 1 acre +/-) - Bid Submission Requirements: - One bid per property, submitted via Ion Wave system 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, Proof of Funds, Closing form, Conflict of Interest Questionnaire - Unique/Notable Requirements: - Property sold strictly AS-IS, WHERE-IS, with all faults - No title policy provided; buyer responsible for all due diligence (title, environmental, utilities) - Sale subject to City Council approval - Full purchase price due by cashier's check within 14 days of notification - Conveyance by Special Warranty Deed, subject to all existing encumbrances - No minimum bid, but fair market value expected - Buyer responsible for all acquisition, ownership, and development costs
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 currently zoned as PF (Public Facility). Bidders must submit sealed bids through the City's Ion Wave system by September 2, 2026, and comply with all submission requirements including providing proof of funds and completing all required forms. The sale is subject to City Council approval, and the property is offered AS-IS, WHERE-IS, with all faults and subject to any easements, restrictions, and zoning requirements. Bidders are responsible for conducting their own due diligence regarding the property.