File #: 17-731    Version: 1 Name:
Type: Action Item Status: Approved
File created: 8/8/2017 In control: BOARD OF SUPERVISORS
On agenda: 11/7/2017 Final action: 11/7/2017
Title: 10:00 A.M. - PUBLIC BID OPENING – Consideration of Bids to Purchase Holiday Harbor and the Lucerne Visitor Information Center
Sponsors: Administrative Office
Title
Body
MEMORANDUM

TO: Board of Supervisors
FROM: Carol J. Huchingson, County Administrative Officer
DATE: November 7, 2017
SUBJECT: PUBLIC BID OPENING - Consideration of Bids to Purchase Holiday Harbor and the Lucerne Visitor Information Center
EXECUTIVE SUMMARY:
On July 11, 2017 your Board declared by Resolution that the property known as the Visitor Information Center in Lucerne was surplus to the needs of the County and set a minimum bid price of $260,000 as well as establishing appropriate terms and conditions including payment of a real estate broker commission. Similarly, on August 1, 2017 your Board also declared by Resolution that the property known as Holiday Harbor in Nice was surplus to the needs of the County and set a minimum bid price of $750,000. November 7, 2017 was subsequently established as the date for consideration of written and oral bids by your Board.

Pursuant to Government Code ? 25530 and 25531, all written bids shall be publicly opened, examined, and declared by the Board and before accepting any written bid, the Board shall call for oral bids Oral bids are subject to the same terms and conditions as written bids and must exceed the highest responsible written bid by 5 percent and subsequent oral bids must also exceed the previous oral bid by 5 percent.

The highest bid, whether written or oral, from a responsible bidder which conforms to all terms and conditions previously specified shall be finally accepted or the Board may reject all bids. In determining which is the highest sealed proposal, the Board shall not subtract therefrom the commission, if any, which the proposal provides shall be paid to a licensed real estate broker.

If your Board should accept a final bid, an earnest money deposit of 4 percent of the purchase price shall be deposited in an escrow account by the winning bidder by 2:00 P.M. on, November 7, 2017. The earnest money deposit shall be refundable only within the first 30 days of escrow.

FISCAL IM...

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