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Properties committee to negotiate sale of Fire Station 11 after $365,000 appraisal
Summary
An appraisal valued the former Fire Station 11 at $365,000; the committee authorized staff to negotiate with an interested buyer or proceed to an RFP if negotiations fail.
City staff told the Tuscaloosa properties committee that an appraisal of the former Fire Station 11 returned a value of $365,000, and the committee voted to allow staff to negotiate with the interested individual and report back for final disposition.
Staff presented the appraisal and said the building is specialized and that market interest could be limited. "Fire stations are difficult to dispose of because they are fire stations," a city staff member said, describing how the building's original design narrows potential buyers.
The committee discussed whether to solicit additional proposals. One member asked whether the usual course would be to issue an RFP; staff said that given the station's location and specialized nature, there may be only one logical buyer. The committee then instructed staff to begin negotiations with the identified party; committee members voted in favor of entertaining the motion and directed staff to proceed. The motion passed by voice vote; no roll-call tally was recorded.
If negotiations do not produce an agreement, staff said they would proceed with an RFP for disposal.
