Notice of Sealed Bid for Sale of Property
The City of Fairfield, Texas (the "City") is accepting sealed bids for the purchase of the following real property (the “Property”) for the purpose of residential development as described in this Notice of Bid Opening:
The Property known as the City of Fairfield, Reddin Gainer Survey, A-12, Freestone County, Texas, also known as Parcel 3658, Address TBD, by the Freestone County Appraisal District, consisting of approximately 0.76 acres of land, as more particularly described and depicted in Exhibit "A", attached hereto and incorporated herein. All exhibits can be found in the attachment, found below.
The sale of the Property shall be awarded, at the discretion of the City Council, to the bidder submitting a bid in accordance with the terms outlined below, and providing the best value to the City.
It is the intention of the City to sell the Property based on the best value bid that is submitted. If in the judgment of the City Council the bids submitted do not represent the fair value of the Property, the Council reserves the right to reject any and all bids. Should any bid be accepted, payment shall be made by earnest money deposit, subject to closing, and shall be deposited with the City or designated escrow agent by, cashier’s check or money order payable to the City of Fairfield within three days of the award notice. Provisions of the sale of the Property shall include:
- For the purchase of the real property in “as is” condition;
- For the conveyance of the Property by special warranty deed;
- For the Buyer to pay all fees, commissions and costs associated with closing the sale of the Property;
- For the Buyer to assume all responsibility or liability for any environmental condition affecting the Property, or any clean-up or remediation that may be required by law;
- For the development of the Property for residential development, or other project acceptable to the City.
- Execute Contract for Sale and Purchase of Real Property.
The Property will be sold “as is” with no warranties or representations as to suitability for any particular use. Conveyance of the Property will be by special warranty deed. By submitting a bid, each bidder agrees to waive and does hereby waive any claim the bidder has or may have against the City of Fairfield, Texas, and the City’s respective employees and representatives for the award of damages or attorney fees, arising out of or in connection with the administration, evaluation, or recommendation of any bid, waiver, deletion or amendment of any requirements under this Notice of Bid Opening, acceptance or rejection of any bids, and award of the bid. By submitting a bid, the bidder specifically waives any right to recover or be paid attorney fees from the City of Fairfield, Texas, or any of the City’s employees and representatives under any of the provisions of the Texas Uniform Declaratory Judgments Act (Texas Civil Practice and Remedies Code, Section 37.001, et. seq., as amended). The bidder acknowledges and agrees that this is the intentional relinquishment of a presently existing known right and that there is no disparity of bargaining power between the bidder and the City of Fairfield, Texas.
By execution and submission of this bid, the bidder hereby represents and warrants to the City that the bidder has read and understands this Notice of Bid Opening and that the bid is made in accordance with the terms stated herein. Bidder acknowledges that it understands all terms herein, which include the waiver provisions, and that it had the right to consult with counsel regarding all applicable documents.
The City reserves the right to waive, delete or amend any of the requirements connected with this bid.
Bids shall be delivered in writing on the attached bid proposal form, signed by the bidder or an authorized representative, and enclosed in a sealed envelope to the City of Fairfield, City Secretary, PO Box 1149, Fairfield, Texas 75840, or can be delivered in person to City Hall, 425 W. Commerce St, Fairfield, Texas 75840. All bids shall be plainly marked “SEALED BID TO PURCHASE REAL PROPERTY.” Bids must be received before 1:59 p.m. on Wednesday, December 8, 2021 and any bid received after that time will not be considered.
City staff will publicly open, read and tabulate the bids at 2:00 p.m. on Wednesday, December 8, 2021, at City Hall, City of Fairfield, 425 W. Commerce St., Fairfield, Texas 75840.
Bidders may contact the City of Fairfield, City Secretary at (903) 389-2633 for clarifications and questions.