Coversheet


	5919 MAIN STREET . NEW PORT RICHEY, FL 34652 . 727.853.1016

TO:	City of New Port Richey City Council
FROM:	Robert Kochen, Chief of Police
DATE:	6/4/2024
RE:	Second Reading, Ordinance 2024-2298: Sale of Surplus Property RE: 5214 Idlewild Street.

REQUEST:

The request for the City Council is to conduct a second and final reading of Ordinance 2024-2298 for the sale of the vacant lot at 5214 Idlewild Street to Gary L Blackwell Investments Inc. in the amount of $50,250.00 to construct a single-family home in accordance with the purchase and sale agreement.

DISCUSSION:

The city acquired this vacant property through forfeiture by Pasco County. A Request for Proposal (RFP) #24-010 was issued on February 5, 2024, to construct a single-family home. The minimum acceptable bid was $35,000.00 with an available reimbursement of $15,000.00 if the property receives a certificate of occupancy within 12 months of the sale. The sole proposal received was from Gary Blackwell Investments Inc. in the amount of $50,250.00.

The goal of this surplus property sale is to increase home ownership and improve the quality of life in this area.

The Development Review Committee reviewed RFP #24-010 on March 28, 2024, and recommended approval of the sale.

The City Attorney reviewed ordinance 2024-2298 along with the purchase and sale agreement and approved them as to form.

RECOMMENDATION:

Staff recommends that the City Council conduct a second and final reading of Ordinance 2024-2298 for the sale of 5214 Idlewild Street to Gary Blackwell Investments Inc. in the amount of $50,250.00 to construct a single-family home in accordance with the purchase and sale agreement.

BUDGET/FISCAL IMPACT:

Source of Revenue ($35,250.00) for use in the City’s Neighborhood Improvement Program.

ATTACHMENTS:
	Description	Type
	Ordinance 2024-2298	Ordinance
	Request for Proposal (RFP) 24-010.	Backup Material
	Purchase and Sale Agreement.	Backup Material