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HomeMy WebLinkAboutSURPLUS PROPERTY DISPOSITION .l Augusta - Richmond County Surplus Property Disposition This policy is designed to determine the best method for the sale or disposition of surplus property owned by Augusta-Richmond County or any subdivision of Augusta-Richmond County (ARC). This policy is effective upon its adoption date by the ARC Commission and may be modified in part or fully by subsequent action of the ARC Commission. Parties interested in purchasing property from ARC should be directed to put their request in writing directed to the Mayor of Augusta. Property should be identified by Map/Parcel number. Any additional information regarding this purchase such as, plans for the property, conditions of purchase, offered price and appraisals should be included in this correspondence. The Mayor should forward this information to the Administrator. On occasion, members of the Commission, the Administrator, or other staff may identify property as potential surplus. In either case, the following procedures will be followed. (1) The Administrator shall construct a file on the property to include, Map/Parcel number, current usage, responsible unit of government, plots, offer if available and other pertinent information. (2 The Administrator shall forward the file to: Public Works, Planning and Zoning, Utilities, and other appropriate City departments Each Department will review the property for: . Current, future and potential use by Augusta . Restrictions or other use limitations that may be necessary to protect the interest of Augusta or of other property owners. . Report back to the Administrator within 10 working days . (3) Administrator evaluates the information from the departments. The Administrator determines that the property is vital to the current or future use of Augusta or reasonably determines that the property is surplus. (4) The Finance Committee is notified of the potential transaction and reviews the recommendation of the Administrator. (5) If the property is determined to be non-surplus, the Administrator will notify the potential purchaser that the property will not be sold. If the property is determined to be surplus, the Finance Committee will direct the Administrator/Law Department to obtain the following. . Survey (Law Department) . Proposed conditions/restrictions to be placed on the property (Administrator and all departments) . Appraisal (Law Department) . Recommendations on method of sale (transfer to another entity, public auction {live or via sealed bids}) (Administrator and Law Department) (A) The Downtown Development Authority was created to help finance the cost of rehabilitating and aide in the redevelopment of the central business district of the City (West side of Fifteenth Street through the west side of East Boundary, and from the Savannah River through the south side of Laney Walker Boulevard). (B) The Development Authority of Richmond County (originally to be enacted as the Richmond County Industrial Development Act), was created for the purpose of developing and promoting trade, commerce, industry and employment opportunities within the county. , - ~ (C) The land Bank Authority was established to acquire tax delinquent properties with a purpose of fostering a return of these non-revenue generating, non-tax producing properties to effective utilization for housing, new industry and jobs. The Land Bank can accept property as well bid on property at tax sales, as well as rent, lease, sell, trade, exchange or otherwise dispose of its property on terms and conditions as of any determined by the Land Bank. The Land Bank may also assemble and exchange parcels of land for public parks and other public uses. . Recommendation on any restrictions to be placed on funds (Le.: if property was acquired by AUD, funds would go back to AUD/proceeds from sale of park property goes to Recreation Department for acquisition of park equipment - other property) (Administrator, Finance Department and affected departments) (6) Finance Committee reviews report and then makes recommendation to Commission to sell the property and under what terms. (7) Commission considers recommendation of Finance Committee and votes to sell or not sell. o Commission determines the property should not be sold. · Administrator notifies the requesting party in writing that the County does not intend to sell the property at this time. o Commission determines the property is surplus and should be sold. · Restrictions and conditions of sale are set. · Minimum or reserve price set. · Method of sale is authorized. · Law Department is directed to conduct sale or transfer to another entity for the sale of the property. . Sale is consummated. . Proceeds are used to repay costs of sale (appraisal fees, surveys, legal expenses, etc). . Balance of proceeds distributed as per Finance Committee and Commission direction. APPROVED BY THE Augusta Ricnmond Commission inmeeting~AUgust 1, 2006 2of2