After the closing date of a bid, City staff reviews each bid in order to make a recommendation to the City Commission. Visit Bid Results and Tabulations for further information.
The City of Paducah Urban Renewal and Community Development Agency (URCDA) is requesting sealed bids for the purchase and transfer of the properties listed below. The vacant lots are located in the Fountain Avenue Historic Neighborhood and are being offered for future development.
URCDA Vacant Lots:
Transfer of these lots will be based on the best-evaluated future use of the properties-25%, highest bid-25%, proposed reinvestment-25%, and compliance with applicable codes-25%. To be considered for these properties, bidders must be current on City taxes and have no existing liens on any property currently owned in the City of Paducah. Proposals must include all of the basic proposal requirements in detail. Incomplete bids will not be accepted and shall be deemed un-responsive. Sealed bids must be submitted to the Department of Planning and time stamped prior to 9 a.m., May 30, 2017. Sealed bids/proposals will be opened in the City Commission Chambers at 9:01 a.m. of the same day.
The City of Paducah, Kentucky is requesting sealed proposals for the purchase and transfer of property at 1015 Park Avenue.
Transfer of property will be based on the best-evaluated future use of the property-25%, highest bid-25%, proposed reinvestment-25%, and compliance with applicable codes-25%. To be considered for this property bidders must be current on City taxes and have no existing liens on any property currently owned in the City of Paducah.
Persons interested in submitting a sealed proposal should submit a written offer to purchase including the purchase price offer, the intended use of the property, detailed drawings including elevations and floor plans, firm third party estimate of costs, proof of financial ability to complete the project, your full name, address, and telephone number in a sealed envelope clearly marked “Sealed Bid” with the address of the property marked on the outside. Proposals can be mailed to The City of Paducah, Planning Dept. P. O. Box 2267, City Hall, Paducah, KY 42002-2267. For your convenience you may choose to use the Request for Proposals Form.
For additional information please call 270-444-8690. All such sealed proposals should be submitted to the Planning Department prior to 9 a.m., local time on Tuesday, May 30, 2017. All proposals will be opened on Tuesday, May 30, 2017 at 9:01 a.m. in the City of Paducah Commission Chambers.
The City of Paducah reserve the right to reject any or all proposals submitted.
The City of Paducah Urban Renewal and Community Development Agency is requesting proposals for the purchase and transfer of the property located at 1606 Harrison Street.
This new 1,380 square foot home is located in Paducah’s Historic Fountain Avenue Neighborhood. Nine-foot ceilings frame an open floor plan that encompasses the living room, dining room and kitchen areas. The house includes a spacious master bedroom, complete with extensive closet space. The additional bedroom is perfect for use as an additional bedroom, guest room or home office. It is situated in the heart of a newly restored historic neighborhood where young couples and families have begun to relocate in order to be closer to downtown attractions and conveniences.
The asking price is eligible for a 10% to 15% reduction in accordance with City Ordinance No. 2008-7-7435. Non-residents of the Fountain Avenue Neighborhood will be eligible for a 10% reduction. A 15% reduction is available to current Fountain Avenue homeowners who have lived in the neighborhood prior to April 7, 2007. This incentive is contingent on the buyer using the home as their primary residence. For more details on the Fountain Avenue Financial Construction Assistance program please contact the Planning Department at (270) 444-8690.
Purchase contract awards will be based on the highest offer received Offers to purchase this property that fall below the asking price of $154,360 will not be considered. The Fountain Avenue Construction Assistance incentive of either 10% or 15% will be calculated subsequent to the proposed offer. All offers must be submitted along with a letter of loan pre-approval from an established lending institution or other proof of financial ability to meet the proposed offer. In addition, to be considered for this property, bidders must be current on City taxes and have no existing liens on any property currently owned in the City of Paducah.
The offer may be mailed or submitted in person to
City of Paducah
300 South 5th Street
Post Office Box 2267
Paducah, KY 42002-2237
If you have additional questions please contact Charles Doherty 270-444-8690 or by email at email@example.com.