City of Lebanon Ionwave #ND-99-261013-W-1031

Bid solicitation to sell a City of Lebanon-owned parcel

The City of Lebanon, Missouri, is seeking bids to sell a city-owned parcel at Catherine and St. Louis. - Buyer: City of Lebanon, Missouri; no specific sub-agency or office is identified. - Property offered: One parcel, approximately 40 by 156 feet, zoned RS-2. The City identifies use as a side or backyard addition to an adjacent property as the highest and best use; a variance may be pursued for a new structure. - Offer and selection: Minimum offer is $100, except for transfers to eligible governmental or nonprofit agencies. Offers will be evaluated based on purchase price, financial ability, and proposed use. - Bidder requirements: Submit an offer form and signed affidavit of compliance, with earnest money equal to 5% of the purchase price or $100, whichever is greater. Bids are submitted electronically through Ion Wave Technologies. - Property and transaction conditions: The parcel is sold as-is. The buyer is responsible for any necessary survey, title search, title commitment, and title insurance. Any sale is subject to City Council approval. - Timing and use condition: The transaction must be completed within 90 calendar days after acceptance. If the proposed development does not occur within five years of transfer, the property may be transferred back to the City at no cost. - OEMs and vendors: No product manufacturers or OEMs are identified. Ion Wave Technologies is named as the electronic bid submission platform.

Description

The City of Lebanon, Missouri, invites bids for the sale of City-owned property at Catherine and St. Louis, Lebanon, MO 65536. The parcel is approximately 40 by 156 feet and is zoned RS-2; the solicitation notes that a side or backyard addition to an adjacent property is its highest and best use, although a variance could be pursued for a new structure. The minimum offer is $100, except for transfers to eligible governmental or nonprofit agencies, and selection will consider purchase price, financial ability, and proposed use. The property is sold as-is, and the successful bidder is responsible for any required survey and title work; bids are submitted electronically through Ion Wave Technologies.

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