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Swan Creek Library: Priced to Sell
Last week we wrote that it looks like the MLK Library branch building may have a buyer. It doesn’t look like the Swan Creek library has fared quite as well.
Apparently there were no bids submitted for that building, and last week the City of Tacoma posted a new RFP for the Swan Creek Library branch building with a minimum bid amount reduced to $300,000 from the initial $400,000 minimum bid price. The RFP for the library still comes with the added stipulation that proposals will be selected based on their compatibility with the neighborhood, and with the City’s goal to be a safe, clean and attractive community.
This is the second RFP published for the acquisition of Swan Creek Library. The original RFP was published on April 20, 2012, and proposals were due by May 22, 2012. While the City did not receive any proposals for the original RFP, the City did receive feedback from potential proposers. This feedback cited concerns with the minimum bid amount and certain terms of the RFP. As a result, this new RFP has been changed to include a reduced minimum bid amount of $300,000, more opportunities for potential buyers to perform due diligence, and the City’s willingness to warrant title and address certain environmental concerns.
Bids are due July 24, 2012. Any takers?
Read more at www.CityofTacoma.org/LibrarySale.
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