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SR-10-24-1978-6D3Santa Monica, California September 28, 1978 TO: Mayor and City Council (0 D FROM: City Staff 0 C 2 4 1978 SUBJECT: Recommendation to accept bids for real property. Bid No. 1406. Introduction This report concerns acceptance of bids totalling $17,937.50 for two parcels of City -owned real estate located on Barnard Way between Hollister and Wadsworth Avenues. This land represents the unused portion of lots aquired originally for the creation and widening of Barnard Way. Plats of the respective properties are attached. Background In response to published Notice Inviting Bids for these properties, bids were received and publicly opened and read in the City Council Chambers September 27, 1978. Proposals were distributed to thirty -eight (38) prospective bidders and notices were advertised in accordance with municipal code and city charter provisions. Two (2) bids were received for each parcel. The highest sealed bid received for Parcel 1, 975 square feet located at Barnard Way and Wadsworth Avenue, was $6,025. In accordance with the bid provisions, a follow -on auction was conducted. The highest bid for this property, $14,500.00, was made by Kenneth B. Censer. This represents a price of $14.87 per square foot. The highest sealed bid received for Parcel 2, 758 square feet located at Barnard Way and Hollister Avenue, was $3,125.00. The highest bid received at the follow -on auction for this property, $3,437.50, was submitted by Edwin K. Marzec. This represents a price of $4.53 per square foot. Since these properties are of extremely small size there are no comparable sales in the private sector with which to compare. / D -3 1 of 2 OCT 2 4 1978 Recommendation It is recommeded that the bid of Kenneth B. Genser, in the amount of $14,500.00 for the Barnard Way and Wadsworth Avenue property, and the bid of Edwin K. Marzec, in the amount of $3,437.50 for the Barnard Way and Hollister Avenue property, be accepted as the highest and best respective bids. Prepared By: R.N. Aronoff, Purchasing Agent 2 of 2 PARCEL WADSWORTH AND HOLLISTER TRACT - - - - -- BLOCK 2 - -- -- LOT 36 \ Portion of Lot 36\ \ 72.54 PARCEL 2 M4 Portion of Lot 35 R=10' 9 I n � -,WAY <: ■:<, -w. ± AND HOLLISTEA L » < #k ■. ��~a a� g w m_ � 2 O 3 The Consent Calendar was presented by the City Clerk after which Council - member Trives moved to approve the Consent Calendar with the exception. of Items 6 -D6, 6 -E, 6 -G, 6 -H, 6 -I, 6 -L and 6 =M, adopting the resolutions therein, reading by title only and waiving further reading thereof. Second by Councilmember.Bambrick. Council Vote: Unanimously approved 6 -0 Absent: Mayor Swink Consent Calendar: Agenda Item 6 -D3: Contract No. 3105(CCS) (Bid No. 1406) was awarded to Kenneth B. Genser for sale of City -owned property located at Barnard Way and Wadsworth Avenue in the amount of $14,500.00 and Contract No.3106(CCS) (Bid No. 1406) was awarded to Edwin K. Marzec for property located at Barnard Way and Hollister Avenue in the amount of $3,437.50. CITY COUNCIL MINUTES - OCTOBER 24, 1978