HomeMy Public PortalAboutR1959�z ���� ���� ����* ���q E S O L U T I O N N O . 1 9 5 9 6r
�� �� W H E R E A S , T h e M e t r o p o l i t a n S t . L o u i s S e w e r D i s t r i c t ( t h e
" D i s t r i c t " ) i s e m p o w e r e d b y P l a n S e c t i o n 3 . 0 2 0 ( 6 ) t o s e l l a n d
c o n v e y a n y r e a l p r o p e r t y n o l o n g e r n e c e s s a r y o r u s e f u l i n i t s
o p e r a t i o n s , a n d
W H E R E A S , t h e p u b l i c i n t e r e s t w i l l b e s e r v e d b y t h e
e x e r c i s e o f t h i s p o w e r f r o m t i m e t o t i m e , a n d
W H E R E A S , h e r e t o f o r e t h e p r o v i s i o n s o f R e s o l u t i o n N o .
1 8 9 3 , a d o p t e d M a y 1 0 , 1 9 8 9 g o v e r n e d t h e d e c l a r a t i o n a n d
d i s p o s i t i o n o f s u r p l u s p r o p e r t y ;
N O W , T H E R E F O R E , B E I T R E S O L V E D B Y T H E B O A R D O F T R U S T E E S
O F T H E M E T R O P O L I T A N S T . L O U I S S E W E R D I S T R I C T T H A T R E S O L U T I O N N O .
1 8 9 3 I S H E R E B Y R E P E A L E D A N D T H E F O L L O W I N G P R O C E D U R E I S H E R E B Y
P R E S C R I B E D F O R T H E S A L E O F R E A L P R O P E R T Y O W N E D B Y T H E D I S T R I C T :
1 . T h e B o a r d o f T r u s t e e s s h a l l , c o n s i d e r i n g t h e
r e c o m m e n d a t i o n o f t h e E x e c u t i v e D i r e c t o r , d e t e r m i n e w h e t h e r a n y
r e a l p r o p e r t y o r a n y o w n e r s h i p i n t e r e s t i n a n y r e a l p r o p e r t y i s
s t i l l n e c e s s a r y o r u s e f u l i n t h e D i s t r i c t ' s p r e s e n t o r f u t u r e
o p e r a t i o n s . U p o n t h e B o a r d ' s d e t e r m i n a t i o n t h a t a p r o p e r t y i s n o
l o n g e r n e c e s s a r y o r u s e f u l i n t h e D i s t r i c t ' s p r e s e n t o r f u t u r e
o p e r a t i o n s , i t s h a l l b e d e c l a r e d t o b e " s u r p l u s r e a l p r o p e r t y . "
T h e E x e c u t i v e D i r e c t o r t h e n m a y d i r e c t t h a t i t b e s o l d i n
a c c o r d a n c e w i t h t h i s R e s o l u t i o n o r a s o t h e r w i s e d i r e c t e d b y t h e
B o a r d o f T r u s t e e s .
2 . B e f o r e s u r p l u s r e a l p r o p e r t y i s s o l d , o n e o r m o r e
w r i t t e n a p p r a i s a l ( s ) o f i t s f a i r m a r k e t v a l u e , a s h e r e i n a f t e r
p r e s c r i b e d , s h a l l b e o b t a i n e d f r o m a n i n d e p e n d e n t , d i s i n t e r e s t e d ��j ��
r e a l e s t a t e a p p r a i s e r ( s ) w h o , w h e n r e q u i r e d , i s l i c e n s e d a n d / o r
c e r t i f i e d b y t h e S t a t e o f M i s s o u r i . A n a p p r a i s a l o r a p p r a i s a l s
s h a l l b e o b t a i n e d a s f o l l o w s :
a . ��
��A l e t t e r a p p r a i s a l s h a l l b e o b t a i n e d f o r p r o p e r t y
w h i c h h a s a n e s t i m a t e d v a l u e o f l e s s t h a n $ 1 0 , 0 0 0 . �� J ��
b . ��
��O n e a p p r a i s a l s h a l l b e o b t a i n e d f o r p r o p e r t y w i t h
a n e s t i m a t e d v a l u e o f $ 1 0 , 0 0 0 t o $ 5 0 , 0 0 0 . �� J ��
c . ��
��T w o a p p r a i s a l s s h a l l b e o b t a i n e d f o r p r o p e r t y w i t h
a n e s t i m a t e d v a l u e o f o v e r $ 5 0 , 0 0 0 . �� J ��
I n t h e e v e n t t h a t t h e a v e r a g e o f t h e t w o a p p r a i s a l s
e x c e e d s t h e l o w e r a p p r a i s a l b y 2 0 % o r m o r e o f t h e l o w e r a p p r a i s e d
v a l u e , t h e n a t h i r d a p p r a i s a l w i l l b e o b t a i n e d t o r e c o n c i l e t h e
d i f f e r e n c e . T h e h i g h e r t w o o f t h e t h r e e a p p r a i s a l s s h a l l t h e n b e
a v e r a g e d t o o b t a i n a " c a l c u l a t e d " a p p r a i s e d v a l u e .
3 . S u r p l u s r e a l p r o p e r t y s h a l l b e s o l d t o t h e h i g h e s t
b i d d e r b y o p e n a n d p u b l i c c o m p e t i t i o n , e i t h e r a t p u b l i c a u c t i o n
o r t h r o u g h t h e s o l i c i t a t i o n o f s e a l e d b i d s . I n e i t h e r c a s e , t h e
District shall cause notice of the proposed sale to be published
at least two times in a newspaper of general circulation within
the District, the final publication to be made at least ten days
but not more than 30 days prior to the date of public auction or
opening of the bids. In addition, the District may also cause
the same notice to be mailed or delivered to persons believed by
the District to be interested in purchasing the property.
The District reserves the right to reject all bids. ﾜ`ﾜ・ Notwithstanding
the foregoing, surplus real property
may, however, be sold by negotiation rather than by open and
public competition, in any case in which:
(i)ﾌ
ﾌthe purchaser is a public or governmental agency
having the power of eminent domain, orﾞJ ﾞ
(ii)ﾌ
ﾌthe value of the property, as determined by the
Executive Director, is insufficient to meet the
administrative costs of disposal, orﾞJ ﾞ
(iii)ﾌ
ﾌno acceptable bids were received when the property
was offered through open and public competition,
and based on the recommendation of the Executive
Director, the Board of Trustees has determined
that such sale is in the best interest of the
District.ﾞJ ﾞ
No surplus real property shall be sold at a value less
its appraised value (when one appraisal is obtained) or less than
the lower appraised value (when two appraisals are obtained) or
the "calculated" appraised value (when three appraisals are
obtained) unless through open and public competition all bids
received were less than the aforesaid required appraised value or
no bids were received. In which case, the District may enter
into negotiations for the best and most reasonable price
obtainable.
The District may use the services of a licensed and
qualified real estate broker and may pay a brokers commission in
securing a purchaser for said property. ﾜdﾜ・ 4. Dispositions of surplus real
property shall be
authorized by an ordinance duly adopted by the Board of Trustees.
The foregoing Resolution was adopted December 12, 1990.