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HomeMy WebLinkAbout008-R-21 Request for Proposal for the Repurposing of City-Owned Property 506 South Blvd1 /7/2021 8-R-21 A RESOLUTION Authorizing the City Manager to Initiate a Request for Proposal for the Repurposing of City -Owned Real Property Located at 506 South Boulevard WHEREAS, the City owns a surface parking lot located at 506 South Boulevard in Evanston, Illinois (PIN: 11-19-419-009-0000), commonly known as the "Lot 1 "; and WHEREAS, the City seeks to create residential affordable housing redevelopment opportunities throughout its residential corridors in which property is developed to its highest and best use; and WHEREAS, the City seeks to attract real estate development professionals to redevelop the parking lot located at 506 South Boulevard through a fair, transparent, and competitive process; and WHEREAS, the City Council finds that it is in the best interests of the City of Evanston to engage in a Request for Proposals from individuals and parties that are determined to be qualified in the first step of the process, NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EVANSTON, COOK COUNTY, ILLINOIS, THAT: SECTION 1: The City Manager is hereby authorized and directed to draft an application and guidelines for determining qualified real estate development professionals, disseminate said application and guidelines publicly, and solicit 8-R-21 responses seeking qualified real estate redevelopment professionals for real estate located at 506 South Boulevard. SECTION 2: This resolution authorizes the City Manager to review responses of qualifications from real estate redevelopment professionals and identify qualified real estate development professionals from the Request for Qualifications phase. SECTION 3: The resolution directs the City Manager to oversee and manage a process for soliciting proposals for the proposed redevelopment of the property located at 506 South Boulevard. SECTION 4: This Resolution 8-R-21 shall be in full force and effect from and after its passage and approval in the manner provided by law. Attest: Cda.ow-do GoMe 7 Eduardo Gomez, Deputy City Clerk Adopted: April 12 , 2021 Stephen H. Hagerty, Mayor Approved to form: Xmar e. C mm,u, j 1 Nicholas E. Cummings, Corporation Counsel -2-