City of Hammond Purchasing Department RFP # 14 19 Invitation to Bid for "Sale of City-Owned Property" Bids Shall Be Received by the Purchasing Department City of Hammond 310 East Charles Street P.O. Box 2788 Hammond, Louisiana 70404-2788 until 10:00 a. m. - April 29, 2014 Advertisement in the Official Journal, Daily Star, to be published (3) three times April 2, April 11 & April 16, 2014 For Additional Information or Questions, Contact: Ernest Peters, Sr.-Purchasing Agent- (985)-277-5632
Bid Package of: Date: _ Firm: Address City State Zip Code _ Person to Contact: Phone No.: Fax No: E-mail YOUR BID IS IMPORTANT TO US HOWEVER, IF YOU DO NOT WISH TO BID THIS PROJECT, PLEASE RETURN THIS SHEET WITH YOUR COMPANY NAME MARKED "NO BID". THIS WILL NOT AFFECT FUTURE BIDS, BUT IS A MEANS IN VERIFYING THAT YOU DID RECEIVE NOTIFICATION FOR THIS BID. Property location/description and restriction(s): The City of Hammond will be accepting sealed bids from the public on - 17.01 Acres of Land Located at the corner of Industrial Park Road and Shelton Drive, in Section 16 Township 6 South, Range 8 East, Tangipahoa Parish, Hammond, Louisiana. Property is for commercial use only - not residential purposes.
Conditions of Sale: No one shall be permitted to bid on property to be sold by the City if they are delinquent in the payment of taxes or other municipal charges on any other property which such person shall own in the City. No sale shall be made to any person who owns other property in the City regarding which properties there exists violation of Property Maintenance Code of which violations have not been corrected at the time of the sale. The sale shall be subject to: a) Such state of facts which an accurate survey may disclose; b) Easements and restrictions of records, if any; c) Tenancies, leasehold, and rights of persons in possession; d) All federal, state, parish and municipal laws, statues, code, ordinances, rules and regulations affecting the property, its use and occupation; e) Certificate of occupancy issued by the Building Department. The property described above, or any part thereof, are sold "as is" and without any representation or warranty, either expressed or implied, as to present condition. Bid Packages are mailed only as a courtesy. The City of Hammond does not assume responsibility for bidders to receive bid packages. Bidders should rely only on advertisements in the local newspaper, and should personally pick up bid packages with specifications, bids may be obtained from City of Hammond website www.hammond.org. Full information may be obtained, or questions answered, by contacting the Purchasing Department, Hammond City Hall Complex, 310 East Charles Street or by calling (985) 277-5632 The method of delivery of bid(s) is the responsibility of the bidder. All bids shall be received by the Purchasing Department, Hammond City Hall Complex, 310 East Charles Street Hammond, Louisiana on or before the specified bid opening date and time. Late bids shall not be accepted under ANY circumstances. It is the bidder's sole responsibility to insure that their proposal has been delivered and accepted with ample time to meet all specified deadlines. Proposals shall be accepted only on the forms furnished by the City of Hammond Purchasing Department. The City of Hammond shall only accept bid(s) from those bidders in whose name the bid forms and or specifications were issued. Altered or incomplete bid forms, or use of substitute forms or documents, shall render the bid non- responsive and subject to rejection. The entire Bid package, including the specifications and copies of any addenda issued shall be submitted to the Purchasing Department as THE BID.
All bids must be typed or written in BLUE/BLACK INK. Any erasures, strikeover and/or changes to prices shall be initialed by the bidder. Failure to initial shall be cause for rejection of the bid as non-responsive. All bids shall be signed. Failure to do so shall cause the bid to be rejected as non-responsive. The City of Hammond reserves the right to accept and/or reject any and all bids! RFP 14 19 (Amounts shall be shown in words and digits, In case of discrepancy, words shall govern.) ($ ) Signature of Bidder Name of Company Date: The above signature on this Bid certifies that bidder has carefully examined the instructions to bidders, terms and specifications applicable to and made a part of this Bid Package. Bidder further certifies that the prices shown are in full compliance with the conditions, terms and specifications of this Proposal. Non Discrimination: By Submitting and signing this bid, Bidder certifies that he agrees to adhere to the mandates dictated by title VI and VII of the civil rights act of 1964, as amended; the Vietnam Era Veterans Readjustment Assistance Act of 1974; section 503 of the Rehabilitation act of 1973; section 202 of Executive Order 11246, as amended; and the Americans with Disabilities Act of 1990. Bidder agrees to keep informed of and comply with all Federal, State and Local Laws, Ordinances and Regulations which affect His Employees or Prospective Employees.
REAL ESTATE APPRAISAL SUMMARY REPORT RLJ#l3118 JMA#l5379 Subject: A Parcel of Vacant Land (17.01Acres) Located On Industrial Park Road and Shelton Drive Hammond, Louisiana Section 16, Township 6 South, Range 8 East As of/effective Date: July 1, 2013 For: City of Hammond Mayor Mayson Foster 312 East Charles Street Hammond, Louisiana By: Robert L. Juneau, MAl, SRA Joseph A. Mier, SRA Real Estate Appraiser and Consultant P. 0. Box 4159 Slidell, LA 70459 robertjuneau@yahoo.com
ROBERT L.JUNEAU, MAI,SRA Real Estate Appraiser and Consultant P.O. Box 4159, Slidell, Louisiana 70459 Serving St. Tammany and Tangipahoa Parishes Phone 985 863 2951 Fax 985 249 2620 July 15, 2013 City Of Hammond Mayor Mayson Foster 31 2 East Charles Street Hammond, LA 70401 Re: 17.0 I Acres of Vacant Land Located at the corner of Industrial Park Road and Shelton Drive, in Section 16 Township 6 South, Range 8 East, Tangipahoa Parish, Hammond, Louisiana Dear Mr. Foster, In accordance with your request for an estimate of the "As Is" market value of the unencumbered fee simple title to a parcel of vacant land located in Hammond, Tangipahoa Parish, Louisiana, t h e following a appraisal report is submitted. We have personally inspected the property and have made a careful and detailed analysis of all factors pertinent to an estimation of value. We have made a stud y of the neighborhood and environs, investigated all relevant market data and have considered such o her factors and data, which in our opinion, are important in reaching a fin al value conclusion. The estimated as is" (vacant l and) market value of the subject property as of July1, 201 3 is THREE HUNDRED FORTY FIVE THOUSAND DOLLARS $345,000 This value is contingent upon the following limiting conditions: I) The typical marketing time would be 12 to 24 months. 2) The appraiser has completed appraisals for similar type properties. 3) It should be noted that the subject is now vacant land having no improvement s.
This appraisal has no hypothetical conditions. There are no extraordinary assumptions utilized in forming the opinions and conclusions of the appraisers' generated information. The Cost Approach and the Income Approach are generally not applicable when appraising undeveloped land. As agreed by client and appraiser they will not be utilized for this appraisal. The subject land is not leased or publically offered for sale or lease. This is a Summary Appraisal Report, which is intended to comply with the reporting requirements set forth under Standards Rule 2-2(b) of the Uniform Standards of Professional Appraisal Practice for a Summary Appraisal Report. As such, it presents only summary discussions of the data, reasoning, and analyses that were used in the appraisal process to develop the appraiser's opinion of value. Supporting documentation concerning the data, reasoning, and analyses is retained in the appraiser's file. The depth of discussion contained in this report, is specific to the needs of the client and for the intended use stated below. The appraiser is not responsible for unauthorized use of this report. The analyses, opinion and conclusions were developed, and this report has been prepared in conformity with the Uniform Standards of Professional Appraisal Practice (USPAP), and with the appraisal requirements of City of Hammond and complies with the requirements of the Office of the Comptroller of the Currency, Interpretive Rulings, 12 CFR 34, and in conformity with the requirements of the Code of Professional Ethics and the Standards of Professional Practice of the Appraisal Institute, and in conformity with the requirements of the State of Louisiana for Licensed and Certified Real Estate Appraisers. Respectfully Submitted, ROBERT L. JUNEAU, MAl, SRA Louisiana Licensed Certified General Real Estate Appraiser Certificate Number G0344 J RA Louisiana Licensed Certified Residential Real Estate Appraiser Certificate Number Rl016
CERTIFICATION CERTIFICATION OF THE APPRAISER I/We certify that, to the best of my knowledge and belief: The statements of fact contained in this report are true and correct. As per the guidelines set forth by the Appraisal Institute, U.S.P.A.P. and F. I. R. R. E. A., this appraisal has been prepared in an unbiased manner and in accordance with Standards Rule 2-3. The reported analyses, opinions, and conclusions are limited only by the reported assumptions and limiting conditions, and are my personal, unbiased professional analyses, opinions and conclusions. I/We have no present or prospective interest in the property that is the subject of this report, and have no personal interest or bias with respect to the parties involved. Our compensation is not contingent upon the reporting of a predetermined value or direction in value that favors the cause of the client, the amount of the value estimate, the attainment of a stipulated result, or the occurrence of a subsequent event. My compensation is not contingent on an action or event resulting from the analyses, opinions, or conclusions in, or the use of, this report. This appraisal assignment was not based on a requested minimum valuation, a specific valuation, or the approval of a loan. Our analyses, opinions, and conclusions were developed, and this report has been prepared, in conformity with the Uniform Standards of Professional Appraisal Practice and in conformity with the requirements of the Code of Professional Ethics and the Standards of Professional Appraisal Practice of the Appraisal Institute, and in conformity with the requirements of the state of Louisiana for State Certified Real Estate Appraisers. The use of this report is subject to the requirements of the state of Louisiana relating to review by the Real Estate Appraisal Subcommittee of the Louisiana Real Estate Commission and to the requirements of the Appraisal Institute relating to review by its duly authorized representatives. We have made a personal inspection of the property that is the subject of this valuation report; and where applicable, the exterior and interior of any improvements located on the property. We have completed m a ny assignments of similar properties in the past. no one other than the person(s) named herein provided significant professional assistance to the person or persons signing this report. The subject land is not leased or publically offered for sale or lease. The appraisers last appraised the subject property on February I. 2010. Robert L. Juneau, MAl, SRA Louisiana State Certified General R e a l Estate Appraiser #G0344 Joseph A. Mier, SRA Louisiana State Certified Residential Real Estate Appraiser Number Rl016 RESTRICTION UPON DISCLOSURE AND USE Disclosure of the contents of this valuation report is governed by the By-Laws and Regulations of the Appraisal Institute. Neither all nor any part of the contents of this report shall be disseminated to the public through advertising media, public relations media, news media, sales media or any other public means of communication without the prior written consent and approval of the undersigned.
SUMMARY OF SALIENT FACTS AND CONCLUSIONS PROPERTY ADDRESS: CLIENT: OWNERSHIP: LEGAL DESCRIPTION: DESCRIPTION OF IMPROVEMENTS: TYPE OF PROPERTY: PURPOSE OF APPRAISAL: ZONING: HIGHEST AND BEST USE: EFFECTIVE DATE OF APPRAISAL: ESTIMATES OF VALUE: SALES COMPARISON APPROACH: ESTIMATED MARKET VALUE: ESTIMATED EXPOSURE TIME: APPRAISERS: Industrial Park Road, Hammond, Louisiana City of Hammond City Of Hammond A Parcel of land located in Section 16 Township 6 South, Range 8 East, Tangipahoa Parish, State of Louisiana This is a 17.0 1 parcel of vacant land located on the corner of industrial Park Road and Shelton Drive. Vacant Estimate Fee Simple Market Value No Zoning Commercial or Industrial U s e July 1, 2013 Sales Comparison Approach $345,000 $345,000 12-24 Months Robert L. Juneau, MAl, SRA Joseph A. Mier, SRA
COMPARABLE LAND SALE NO.1 Location Fronts on t h e south side of Pride Drive, Hammond, Louisiana Date October 20 I 0 Recorded Instrument No. 839262 Vendors Vendee Size Stock Building Supply, LLC Hammond Area Economic Development This is a rectangular shape parcel containing at total of 20.03 +/- Acres This parcel fronts 756 feet along the south side of Pride Drive. The property also measures 1,119 feet along the east property line and 867.28 feet along the west property line. The size is 872,507 +/- square feet or 20.03 acres. Price $550,000 Terms Unit Price Legal Zoning Remarks All cash to seller $0.63 per square foot $27,443 per acre Lot 2 of Airport Plaza Subdivision in Section 17, Township 6 South, Range 8 East, Tangipahoa Parish, Louisiana H- Heavy Industrial This is an unimproved commercial s i t e located on Pride Drive. This is a commercial warehouse district. This site is basically level and ready for development. All utilities are available to the site including electricity, water and natural gas. This is an interior lot and irregular in shape. This was a distress property and was sold due to pre-foreclosure.
COMPARABLE LAND SALE NO.2 Location Fronts the south side of Strawberry Lane and also fronts on Interstate 12, Albany, Louisiana Date November 20 11 Recorded Instrument No. 756927 Vendor Vendee Hancock Bank of Louisiana Quality Iron Fabricators Inc. Size A Parcel of land containing 1,625,659 square feet or 37.32 acres Price $700,000 Terms Unit Price Legal Zoning Remarks All cash to seller $0.43 per square foot $18,756 per acre 1 Parcel of land located in Section 39, Township 6 South Range 6 East, Livingston Parish, Louisiana No Zoning This was an unimproved site located on Strawberry Lane, which is j u s t s o u t h of t h e Interstate 12 e x c h a n g e at Highway 43 exit. Utility, exposure and access are average. This site was purchased for Light Industrial development.
COMPARABLE LAND SALE NO. 3 Location Fronts the north side of Highway 190, Robert, Louisiana Date July 2012 Recorded Instrument No. 877876 Vendor Vendee Size Madison at Deer Run, LLC Adetan, LLC Contains 696,960 +1- square feet or 16.00 acres Price $500,000 Terms Unit Price All cash to seller $0.72 per square foot $31, 250 per acre Legal Parcel of Land in Section, 37, Township 6 South, Range 9 East, Tangipahoa Parish, Louisiana Zoning Remarks No Zoning The site is located near Robert and is undeveloped. This property is irregular in shape. This site was purchase for speculative future use.
-------------------- - COMPARABLE LAND SALE NO.4 Location Date Highway 51, Natalbany, Louisiana May2012 Recorded Instrument No. 874495 Vendor Vendee Size TH Davidge Co Inc. J & B of Natalbany, LLC Contains 631,620 +/-square feet or 14.50 acres Price $210,000 Terms Unit Price All cash to seller $.33 per square foot $14,483 per acre Legal A certain parcel of land situated in Section 1 0, Township 6 South Range 7 East Tangipahoa Parish, Louisiana. Zoning Remarks No Zoning This site is located in a rural area at the comer of Highway 51 and Highway 1064 i n Natalbany, Louisiana. There is no zoning at this location and the surrounding p r o p e r t i e s are commercial in nature. The site was unimproved at the time of sale. It was purchased for future development of a commercial site.
------------- RECONCILIATION OF COMPARABLE LAND SALES All of the land sales utilized within this report were verified to be "arms-length" transactions by the appraiser. This verification process includes, but is not limited to, the review of courthouse documents, and when possible, conversations with the vendor, vendee and/or real estate agents involved in the particular transaction. In the instant case, the appraiser was able to find several good indications of the site s value. These comparable land sales were presented on the previous pages. After details of each sale were presented, my analysis of the sales and my conclusions as to the indicated value of the appraised site is set forth. The unit of measure is the price paid per square foot of the com parables and subject. The subject property is located on the eastern boundary just outside of the city limits of Hammond. The subject fronts on Industrial Park Road, more specifically, the subject fronts 1, 319.56 on Industrial Park Road. The property has been under the ownership of the City of Hammond since 1948. Although the City of Hammond is the owner of public record the property is located outside the city limits of Hammond, Tangipahoa Parish, Louisiana. The property description indicates that the subject site is slightly irregular in shape and contains a total of 17.01 acres or 740,956 +/- square feet of land area. However there is a large drainage ditch that dissects the site from the northwest to the southeast comer then turning southward on the subject site. This drainage ditch would render approximately 1.80 +/- acres of the site unusable. Therefore the usable square footage would be 662,548 square feet or 15.21 Acres. Explanation of Adjustments: Time/Market Adjustments- Conditions Property values fluctuate with the passage of time due to the effects of the market such as supply and demand. Although the real estate market has witness record increases in recent history. As of 2008 the real estate market experienced what was known as a "bubble burst". At that time nationally the real estate market had a drastic downturn. Although the national market experienced this large downturn south Louisiana remained relatively stable. No adjustments were required on sales that closed after January 2012 due to the market being stable from January 2012 to present. Comparable 1 was a distressed property due to being in pre-foreclosure and would require an upward market adjustment. Size- Based on economies of scale larger properties typically sell for less per unit of comparison than smaller properties. Comparable 2 in this report supports this theory and has been adjusted to account for the difference in site size. Location- The subject is located on Industrial Park Road. This is a two lane secondary corridor that runs north to south along the eastern boundary of the Hammond Regional Airport north of U.S. Highway 190. Sale 1 is located on Pride Drive just to the west of the Airport. This is considered an average location due to being located at a dead end street with only a portion of the frontage has street access. Pride drive has not been extended to the western property line of this comparable. This location does have rail access that gives it superior utility/physical characteristics. It would be consider a similar location and would not require a location adjustment. Sale 2 is located on Strawberry Lane in a rural area of mix uses such as residential and small commercial. This is considered an inferior location, which required an upward location adjustment. Sale 3 is located on Highway 190 in Robert, Louisiana. Highway 190 is a major corridor connecting Tangipahoa Parish with Livingston and St. Tammany Parish.
This location would be considered a superior location due to being located on a major east/west corridor with good access to the Interstate and surrounding properties; therefore, a downward location adjustment was required. Sale 4 is located in Natalbany, Louisiana and is a more rural area; therefore it would require an upward location adjustment. Utility/Physical Characteristic- The subject is basically a rectangular shape parcel of property with frontage on the south and west sides. However the subject also has a drainage ditch dividing the property from the northwest corner to the southeast corner before turning west along the southern boundary of the property. A downward physical characteristics adjustment was applied to sales one, three and four due to having superior physical characteristics when compared to the subject site. No adjustment was required on comparable 2 due to having similar characteristics as the subject being on a dead end street. Com parables 1, 3 & 4 did require a downward adjustment due to the subject having a drainage ditch running through property and Comparable 1 having rail access. Zoning- No adjustments were warranted for differences in zoning due to all of the sales except sale I having similar zoning. No adjustment was required on sale three due to having the ability to have a similar Highest and Best Use as the subject. Comparable Land Sale No. 1 is a vacant site containing 20.03 acres located on the south side of Pride Drive. The property is considered to have a similar location/exposure in comparison to the subject. This property was purchased for the future development of a commercial site. This comparable sold for a reported total cash sale price of $550,000, which equates to a unit price of $.63 per square foot. Adjustments were required for physical characteristics. Comparable Land Sale No. 2 is located on the north side of Strawberry Lane just south of Interstate 12, Albany, Louisiana. The parcel is located on a dead end street and contains 1,625,659 square feet or 37.32 acres. The property sold in November 2011 for a sale price of $700,000 or a unit price of $.43 per square foot. The site has site has no zoning. The location is inferior to the subject site due to being located in a rural area. Adjustments were required for size and location. Comparable Land Sale No. 3 fronts the south side of Highway 190. Exposure and access are good as it is located on a main east/west corridor. The site sold in June 2012 for a price of $500,000 which equates to $0.72 per square foot. Adjustments were required for location and physical characteristics. Comparable Land Sale No.4 is a 14.50-acre site located on 47401 North Morrison Blvd/ LA Highway 51, Natalbany, LA. The property was purchased for the future development of a commercial site. The location is inferior to the subject. The site sold in May of 2012 for a cash price of $210,000, which equates to $0.33 per square foot. Adjustments were required for location and physical characteristics.
The statistical mean of the four sales is $0.51 per square foot and the median price is $0.52 per square foot. Sale number one is considered most similar. As such, the reconciled price is $0.52 per square foot. One listing in the area was located. It is a 16 acre parcel located on South Holly St. in Hammond, Louisiana which is approximately 4 miles to the southwest of the subject site. It contains 16 acres and is listed for $450,156 or $1.55 per square foot and has been listed for 454 days. This site is superior in utility by virtue of its overall configuration. More specifically, the site is a rectangular site located near Veterans Drive. Recall, the subject site contains a total of 17.0 1 acres; however, the drainage ditch does remove approximately 1.80 acres or 78,408 of square feet leaving a total 662,548 square feet of useable property. Based on all information presented in this appraisal report, the subject site has a market value, as of July 1, 2013 of $344,525 (662,548 s.f. or 15.21 Acres useable x $0.52) or rounded to: THREE HUNDRED FORTY FIVE THOUSAND DOLLARS $345,000 RECONCILIATION AND FINAL VALUE ESTIMATE One traditionally accepted approach to value has been utilized in estimating the market value of the subject property. Sales Comparison Approach $345,000 The Sales Comparison Approach depends on the accurate forecasting of what a property will bring in the near future based on sales, which have occurred in the recent past. Four comparable land sales from the Hammond area over the past several years were analyzed. The data used in this approach was considered reliable. Sufficient information from each sale was available for analysis. As a result, the subject site has a market value, as of July I, 2013 of: Marketing Time Would be approximately 12-24 months. THREE HUNDRED FORTY FIVE THOUSAND DOLLARS $345,000