NEW BUSINESS BY DEPARTMENT HEADS, CITY ATTORNEY AND COUNCIL
Proposed Purchase and Sale Agreement for 1706 9th Street East - Surplus
Authorize City Administration to enter into further negotiations with Six Seas, LLC.
No
No
Pursuant to the City's Disposition of Surplus Property Policy, Resolution 26-24, before the City can offer a property for sale, the property must first be declared surplus and no longer needed for a municipal purpose by City Council. On July 22, 2026, City Council declared an approximately 4+/- acre portion of a larger tract of land located at 1706 9th Street East as surplus by Resolution 26-61. The entire tract was originally purchased for the purpose of relocation of the City's Public Works Complex. It was determined that this 4+/- acre parcel would not be needed for the Complex.
After the property was declared surplus by City Council, a Notice of Intent to sell surplus property must be advertised in a newspaper of general circulation for two consecutive weeks at least 30 days' prior to any sale. No contract can be entered into within 30 days after publication of said Notice.
On July 26, 2026 and August 2, 2026, the City advertised the Notice of Property for Sale and Invitation to Offer Proposals in the Bradenton Herald, as required by the Disposition of Surplus Property Policy (#26-24), which required that all proposals be submitted by 2:30 p.m. on September 1, 2026.
On 8/27/2026 the City received a proposal from Six Seas, LLC to purchase 3.89+/- acres of the solicited parcel. No other responses to the Invitation to Offer Proposals were received.
City Administration believes it is in the best interests of the City to pursue the possible sale to Six Seas, LLC and is requesting approval to enter into further negotiations.
To be determined if a final agreement is reached. Sale proceeds will be returned to the Water/Sewer fund and utilized for the construction of the new Public Works Complex on the remaining parcel.
Reviewed by Blalock Walters.
Authorize City Administration to enter into further negotiations with Six Seas, LLC, and authorize the Mayor or City Administrator to execute a Purchase and Sale Agreement that is subject to final approval by City Council.