Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Surplus Property topic
No spam. Unsubscribe anytime.
Chesapeake City approves sale process for surplus Lot #3 on Biddle St.; council weighs competing $84,000 and $150,000 offers
Summary
Council declared Parcel 0475 Lot #3 surplus and approved moving forward with a sale process after reviewing two offers: $84,000 from a neighboring developer (with right of first refusal and four hookup fees) and a $150,000 offer that includes a guaranteed water/sewer hookup. Council approved the resolution to proceed and expressed a preference for residential redevelopment.
The Chesapeake City Council on April 13 approved Resolution 2026-003 to declare Parcel 0475, Lot #3 on Biddle St. surplus and to proceed with sale negotiations after reviewing two competing offers.
Staff described Offer #1 from the purchaser who developed adjacent Lots 1 and 2: the town negotiated $84,000 for Lot #3, and the purchaser would be required to pay four water/sewer hookup fees of $15,000 before residential development. Offer #1 includes a right of first refusal. Offer #2 proposed $150,000 for the property with a guaranteed water/sewer hookup included.
Because Offer #1 holds a right of first refusal, council noted it would need to present the higher bid and allow the developer 30 days to match or decline the offer. Council members expressed a preference for residential units rather than a garage on the site.
The motion to approve Resolution 2026-003 was made by Lee Adams, seconded by Ed O’Hara, and passed unanimously. The resolution declares the parcel surplus and authorizes staff to proceed under the terms discussed; council did not record a final sale to a named buyer during the meeting.
Staff will follow the right-of-first-refusal process and return to council with the purchaser’s decision or any revised contract terms.
