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Bid Title: Notice of Sale of Real Property
Category: Property
Status: Closed

Description:

The City of Boerne, Texas (the "City") is accepting sealed bids for the purchase of the following real property (the “Property”) as described in this Notice of Bid Opening:

The Property commonly known as 402 E. Blanco. consisting of approximately 2.49 acres of land, as more particularly described and depicted in Exhibit "A" of the packet. Please be advised, an additional bid packet was included on October 20, 2021 with additional information included such as the property boundaries and square footage of the buildings. 

The sale of the Property shall be awarded, at the discretion of the City Council, to the bidder submitting a bid in accordance with the terms outlined below, and providing the best value to the City. The minimum bid amount is $2,538,000, inclusive of price and other value. It is the intention of the City to sell the Property based on the best value bid that is submitted. If in the judgment of the City Council the bids submitted do not represent the fair value of the Property, the Council reserves the right to reject any and all bids. 

Should any bid be accepted, payment shall be made by earnest money deposit, subject to closing, and shall be deposited with the City or designated escrow agent by, cashier’s check or money order payable to the City of Boerne within three days of the award notice. The City reserves the right to waive, delete or amend any of the requirements connected with this bid.

Bids shall be delivered in writing on the attached bid proposal form, signed by the bidder or an authorized representative, and enclosed in a sealed envelope to the City of Boerne, City Secretary, 447 N. Main Street, Boerne, Texas 78006. All bids shall be plainly marked “SEALED BID TO PURCHASE REAL PROPERTY.” Bids must be received before 1:59 p.m. on Friday, November 19th, 2021, and any bid received after that time will not be considered.

Publication Date/Time:
10/14/2021 8:00 AM
Closing Date/Time:
11/19/2021 1:59 PM
Related Documents:

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