Exhibit B - Advertisement for Bid #2NOTICE OF SALE OF
CITY PROPERTY
NOTICE is hereby given that the City of Kalispell will receive
sealed bids for the purchase of certain real property owned by the
City of Kalispell, as more particularly described as follows:
That portion of the Northeast } of the Northwest # and
the Northwest } of the Northwest i of Section 20,
Township 28 North, Range 21 West, P.N.M., Flathead
County, Montana, more particularly described as follows:
Commencing at the northeast corner of the Northeast I of
the Northwest } of said Section 20; thence along the
northerly line of said Section 20, North 890 52'30" West
1556.90 feet to the northeasterly right-of-way of U.S.
Highway No. 93; thence along said northeasterly right-of-
way line,
South 33° 04'19" East 71.70 feet to the Point of
Beginning of the parcel being described; thence
continuing along said northeasterly right-of-way line,
South 33° 04'19" East 650.27 feet to the northwesterly
right-of-way of Lion Park Street; thence along said
northwesterly right-of-way line of said Lion Park Street,
North 63°12'02" East, 281.20 feet to the southwesterly
right-of-way line of Third Avenue Eost, said point being
on a 1392.50 foot radius curve concave southwesterly,
having a radial bearing of South 720 27106" West; thence
northwesterly along the curve and along the southwesterly
right-of-way line of Third Avenue East, through a central
angle of 19° 24'19", on arc distance of 471.62 feet to
the southerly right-of-way line of Eighteenth Street
East; thence along said North 89° 52' 30" West 390.92
feet to the Point of Beginning, containing 4.100 Acres of
land, all as shown on Certificate of Survey No.
Bids shall be received for the purchase of said property by
the City Clerk of Council of the City of Kalispell until 11:00 A.M.
on December 30, 1996. All bids will be opened by the City Manager
at an open administrative session commencing at 11:30 on December
30, 1996, in the Council Chambers, City Hail, Kalispell, Montana.
The terms of the sale shall be cash within ten (10) days after
notice from the City to the prospective purchaser that the bid for
the sale is acceptable to the City.• The prospective purchasers of
said property shall as a condition of bidding said property, submit
to the City Clerk of Council with their proposal, cash, certified
check, or bank money order in an amount of not less than five (5)
percent of the bid amount as earnest money. The earnest money,
herein required, shall assure that the prospective purchaser, whose
bid is accepted, shall enter into, execute and perform according to
his bid. Should the prospective purchaser fail or refuse to
purchase the property and/or perform as set forth in his proposal,
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he shall forfeit such earnest money, to the City. The earnest money
of unsuccessful prospective purchasers shall be returned.
The City of Kalispell has established the fair market value
of the property to be in a range of not less than $4.48 per square
foot and not more than $5.00 per square foot. The City shall
require a minimum bid of at least $4.48 per square foot.
The City in considering the competing proposals received as a
result of the published notice shall consider the purchase price
offered by the respective respondents. However, the purchase price
shall not be the sole factor in disposing of the property to a
successful purchaser. The City shall consider such other factors
as: proposal's potential to further the goals and objectives of the
urban renewal plan, background of potential developers, financial
ability of potential developers to perform under the proposal,
benefit to the City in general and benefit to the urban renewal
area, in particular. The decision on disposing of the property
will ultimately be based upon a broad evaluation of the proposals
submitted and how the proposals individually serve the public
interest.
Should the successful prospective purchaser fail to purchase
the property, the City reserves the right to consider and sell
property to another prospective purchaser.
Should the City fail to receive any bids for the property or
should the bids received not be at least the minimum fair market
value established by the City Council, the City reserves the right
to sell the property at private sale at an amount agreeable between
the City and a purchaser which shall be in the best interests of
the City of Kalispell and its inhabitants.
The City Council hereby reserves the right to reject any or
all bids or to waive any technicality or any informality and accept
any bid or proposal which may be deemed best for the interests of
the City of Kalispell.
Any prospective purchaser
obtain same from the Planning,
Department, City Hall, P.O. Box
Publish: December 8, 1996
December 15, 1996
December 22, 1996
wishing further information may
Economic. and Community Development
1997, Kalispell, MT 59903
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Clerk of COW
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