File #: 16-5608    Name:
Type: Written Report Status: Agenda Ready
File created: 8/10/2016 In control: City Council Legislative Meeting
On agenda: 9/27/2016 Final action:
Title: Disposition of City-Owned Real Estate at 912, 916, 920 King Street, 116 South Henry Street and 120, 122 and 122 1/2 North Patrick Street.
Attachments: 1. 16-5608_SurplusPropertyPolicy
City of Alexandria, Virginia
____________

MEMORANDUM


DATE: SEPTEMBER 21, 2016

TO: THE HONORABLE MAYOR AND MEMBERS OF CITY COUNCIL

FROM: MARK B. JINKS, CITY MANAGER /s/

DOCKET TITLE:
TITLE
Disposition of City-Owned Real Estate at 912, 916, 920 King Street, 116 South Henry Street and 120, 122 and 122 1/2 North Patrick Street.
BODY

ISSUE: Disposition of City-owned surplus property located at 912, 916, 920 King Street, 116 South Henry Street and City-owned property which has not been declared surplus property located at 120, 122 and 122 1/2 North Patrick Street.

RECOMMENDATION: That City Council:

(1) Declare City-owned property located at 120, 122 and 122 1/2 North Patrick Street as surplus property and authorize the City Manager to seek offers of bids as described in the City Real Estate Disposition Policy (see attached); and

(2) Authorize the City Manager to issue a Request For Proposals (RFP) for the disposition, sale and redevelopment of City-owned property at 912, 916, 920 King Street, 116 S. Henry Street and 120, 122 and 122 1/2 N. Patrick Street for no less than 90 days to include a provision that proposals shall not result in a net loss of total off-street parking spaces compared to the existing conditions (85 parking spaces) following the process detailed in the City Real Estate Disposition Policy.

BACKGROUND: At its May 26, 2009 Legislative Session, City Council declared 912, 916, 920 King Street and 116 S. Henry Street and a number of other City properties surplus and authorized the City Manager to seek bid offers as described in the City Real Estate Disposition Policy. Since then a significant number of these surplus properties have been sold with the City earning about $11.5 million to allocate for its capital improvement projects.

1. 912, 916 and 920 King Street (Metered Parking Lot - behind Misha's) - These City-owned lots are currently used as a public, metered surface parking lot. The three lots total 9,942 square fe...

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