A.
The City of Tacoma shall dispose of real property in urban renewal areas to private persons only under the competitive bidding procedures set forth herein, after public notice by publication once each week for a minimum of three consecutive weeks in a newspaper having a general circulation in the community. The responsibility for designating the successful bidder on property offered for sale in accordance with the provisions herein, and for authorizing the transfer of title to said bidder, shall rest with the City Council, and said award shall be approved by resolution. The Community and Economic Development Department of the City of Tacoma shall be responsible for furnishing the City Council such information as is necessary to accurately appraise the proposals for redevelopment in order that the objectives of the Urban Renewal Plan are most fully satisfied. In order that this information may be provided to the City Council, the Community and Economic Development Department shall review and evaluate the bid proposals on the basis of criteria hereinafter set forth:
1.
The degree to which the proposal meets the specifications and requirements of the Urban Renewal Plan.
2.
The financial responsibility, qualifications, experience, and ability of the bidder to finance and complete the redevelopment.
3.
The price offered in the proposal for the purchase of the property by the bidder, which price must equal or exceed the approved minimum price.
4.
The economic practicality of the project as proposed by the bidder and the benefit to the community in terms of the sociological, aesthetic, and financial aspects of the proposed project.
5.
The architectural and planning skills and the ingenuity demonstrated in the proposal; the reputation, experience, and demonstrated ability of the bidder’s architects.
6.
The time estimate submitted by the bidder for the execution and completion of his proposed redevelopment.
B.
All bid proposals will be submitted to the City Council with recommendations based on the evaluations so established, and the City Council shall make the award to the best and most qualified bidder.
C.
Where there is a reasonable difference of opinion as to the financial responsibility of any bidder, the Community and Economic Development Department will seek the most reliable advice available from those qualified in this field.
(Ord. 18225 § 1, 1967-02-21; Ord. 20230 § 5, 1974-10-15; Ord. 20575 § 1, 1975-10-28; Ord. 26386 § 44, 1999-03-23; Ord. 27466 § 48, 2006-01-17)