The city of Cordova is asking for proposals for multiple municipal properties in town.
The city’s request for proposals (RFP), released on Jan. 12, is for two properties in the Odiak Park Subdivision, one in the North Fill Development Park, and four lots in the Original Townsite. The city is considering either leasing each property, or leasing them with an option to purchase.
Lot 1 in the Odiak Park Subdivision, which is almost 24,000 square feet, is zoned as a business district. Lot 2 of the subdivision, slightly smaller at around 21,500 square feet, is zoned as a medium density residence district.
The fair market value – which is the minimum the city will accept – to purchase Lot 1 in the Odiak Park Subdivision is $150,784.20. To lease it, the price is $10,554.89 annually or $879.57 per month.
The fair market price to purchase Lot 2 in the Odiak Park Subdivision is $135,947.70, and the lease is $9,516.34 annually or $793.03 monthly.
The North Fill Development Park property, Lot 2 Block 7, is an approximately $11,500-square-foot parcel zoned as a waterfront industrial district. The fair market price to purchase the waterfront lot is $171,395.24, and the lease price is s $11,997.67 annually or $999.81 per month.
The city is also requesting proposals for Lots 11-14 at the Original Townsite, all zoned as low density residence districts.
Lot 11 is 4,408 square feet, Lot 12 is 4,500 square feet, Lot 13 is 3,600 square feet, and Lot 14 is 1,945 square feet. Ski Hill Road crosses a portion of Lots 13 and 14.
The fair market value to purchase Lot 11 is $31,252.72, Lot 12 is
$31,900.00, and Lots 13 & 14 are $39,314.05 each.
To lease the properties, the fair market value will be $2,187.69 annually or $182.31 monthly for Lot 11, Lot 12 is $2,233 annually or $186.08 monthly, and Lots 13 & 14 are each $2,751.98 annually or
$229.33 monthly.
Proposals for each property are due to the city by 5 p.m. on Feb. 11.
RFPs can be found on the city of Cordova website under public notices, or they can be picked up at City Hall. For additional details, contact Cordova City Planner Amanda Hadley Coward at [email protected] or 907-424-6224.
