Surplus Real Property - Swetman House #13557
Bid Date7/26/23 10:00am
Company & Contacts
City of Biloxi
Keith Stuart firstname.lastname@example.org
The City of Biloxi, Mississippi will receive Sealed or Electronic Bids until 10:00 a.m. on the 26th day of July, 2023, for surplus real property, pursuant to the provisions of Miss. Code Ann. §21-17-1(2)(a) (1972), as amended.
It is the City’s intent to sell the residential real property, commonly known as the Swetman House, located at 1596 Glenn Swetman Street, Biloxi, Mississippi, and identified as a portion of Tax Parcel No. 1310L-04-099.000, being Lots 1 and 2, Block 5, Miramar Subdivision. The residence situated on the property is 3,293 sq. ft, built in 1926. The structure is designated as a Biloxi Landmark and covenants on the property require that the plaques at the entry remain on the building in perpetuity. Please see inspection report available at www.biloxiplans.com for more details.
Please note that the adjoining Lot 17, Block 5, Miramar Subdivision is NOT for sale at this time.
The property will be available for viewing/inspection on Friday, June 16, 2023, from 10:00 a.m. until 2:00 p.m. THIS WILL BE THE ONLY OPPORTUNITY TO ACCESS THE PROPERTY.
All Bids will be considered and judged based on the following criteria:
• Bidder’s plan for the property (30%)
• Bidder’s timeline (20%)
• Consistency with the City’s goals and objectives for the property (10%)
• Purchase price (40%) and ability to close
The City reserves the right to reject all bids if, in its sole and absolute discretion, the bid is not consistent with the fair market value of the property or less than Two Hundred Fifty Thousand Dollars ($250,000.00), or approximately $75 per square foot. Bidder should also provide proof of funds.
All Bids should address the above-stated criteria. Bidders may include renderings and proposed site plans. An Inspection Report will be made available to bidders.
At the City Council meeting conducted on December 6, 2022, the City found that the property was no longer needed for municipal purposes and is unlikely to be used in the future operations of the City. As a result of these findings, the City declared the property to surplus and authorized the sale thereof.
All parcels purchased shall be sold “as is, where is,” with Purchaser responsible for any filing fees, updated survey and other costs, including costs to confirm title. If Bid is accepted, Purchaser shall enter into a formal Contract for Sale with the City, which is subject to approval by the Biloxi City Council. Purchaser must be prepared to deliver
certified funds for payment in full within 10 days following approval of the Contract for Sale by the Biloxi City Council. The City will prepare a deed and closing statement.
All Sealed Bids must be on file with the Municipal Clerk prior to the opening time as stated above. All bids must be sealed and clearly marked on the outside of the envelope as indicated: “Sale of Surplus Real Property-Swetman House.” Sealed Bids not so marked are submitted at the risk of the prospective bidder and the City assumes no responsibility for the premature opening of same by any City employee.
Bids sent through U.S. Mail are done so at the risk of the prospective bidder and should be addressed to the City of Biloxi, City Hall, P. 0. Box 429, Biloxi, MS 39533. The City is not responsible for Bids that arrive in the mail after the designated opening time. Bids may be delivered in person to City Hall, Second Floor, 140 Lameuse Street, Biloxi, MS.
If City Hall is closed for any reason, including but not limited to: acts of God, strikes, lockouts, riots, acts of war, epidemics, governmental regulations superimposed after the fact, fire, earthquakes, floods, or other natural disasters (the “Force Majeure Events”), which closure prevents the opening of bids at the advertised date and time, all bids received shall be publicly opened and read aloud on the next business day that the agency shall be open and at the previously advertised time. The new date and lime of the bid opening, as determined in accordance with this paragraph, shall not be advertised, and all Bidders, upon submission of a bid, shall be deemed to have knowledge of and shall have agreed to the provisions of this paragraph. Bids shall be received by the City until the new date and time of the bid opening as set forth herein. The City shall not be held responsible for the receipt of any bids for which the delivery was attempted and failed due to the closure of City Hall as a result of a Force Majeure Event. Each Bidder shall be required to ensure the delivery and receipt of its bid by the City prior to the new date and time of the bid opening.
All Electronic Bids must be submitted on-line at www.biloxiplans.com prior to the opening date and times as stated above. Questions regarding registration for the electronic bidding process and document submission should be directed to Plan House Printing at (662) 407-0193.
The City expressly reserves the right to accept or reject any or all bids or any part of any or all bids based on a highest and best bid determination. The City reserves the right to waive informalities.
Bids may be held by the City for a period not to exceed ninety (90) days from the date of submittal for the purpose of reviewing the bids prior to the Sale of this Surplus Property.
June 1, 2023
June 8, 2023
June 15, 2023