Buyers have until Friday to bid on two rundown City Hall houses
December 9, 2011
Proposals from people interested in purchasing two City Hall-owned houses in Old Town are due by Friday, Dec. 16, giving interested parties another week to decide whether to submit ideas for the rundown properties.
The two houses are next to each other at 1450 Park Ave. and 1460 Park Ave. The larger of the two, 1450 Park Ave., is 1,056 square feet while the other one is 799 square feet. The Summit County Assessor’s Office values 1450 Park Ave. at $444,918. The house at 1460 Park Ave. is pegged at $420,015 by the assessor.
Michael Kovacs, the assistant city manager and the City Hall staffer handling the sale process, was out of town toward the end of the week and was unsure whether any proposals had been filed.
City Hall must receive the proposals by 5 p.m. on the due date.
Kovacs has previously said there had been interest from two developers and a group that adheres to a theory known as cohousing, which holds that the people who will live in a development will help design the project.
Park City leaders want people submitting proposals to outline how the houses would be used under their ideas as well as how they will be rehabilitated, one of City Hall’s desires in a sale.
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Officials also want to learn how many residential units in a project would be classified as either affordable or attainable — two categories of housing that typically refer to places priced below the market rate.
Kovacs has said offers from people interested in one of the houses or the other will be considered, but a proposal involving both of the houses will be considered more favorably.
City Hall acquired the two houses in 2009 for a combined $750,000. Some of the windows are boarded up, there is a hole in at least one of the other windows and some of the paneling has been removed.
More information about the sale process is available on City Hall’s website, http://www.parkcity.org. Select the ‘Doing Business’ button on the front page and then choose the ‘Current RFPs & Bids’ option. Then select the link to ‘Notice of Intent to Sell Park Avenue Properties.’
Kovacs is reachable at 615-5182 or by e-mail, firstname.lastname@example.org.