Real Property Sale

The City of Killeen is offering for sale City-owned real property identified as BellCAD Property ID 20928, consisting of approximately 0.516 acres located near Schwald Road and N. 60th Street in Killeen, Bell County, Texas.

The property is currently vacant and is zoned R-1, subject to verification of the current zoning designation and all applicable City ordinances and regulations. The legal description of the property is provided in the applicable property exhibit included with this Bid.

Bidders shall submit one total purchase price for the entire property using the Bid Form provided in this solicitation. Any minimum acceptable purchase price established by the City will be stated in the Bid Form and must be met or exceeded.

The City does not require the Buyer to construct improvements, develop the property, or use the property for a particular purpose. The property may remain vacant or may be used or developed by the Buyer, subject to applicable laws, zoning requirements, easements, permitting requirements, and other restrictions that apply to the property.

The City is not requesting a development proposal. The Bid shall state the total purchase price offered for the entire property.

The property is offered for sale on an "AS IS, WHERE IS, WITH ALL FAULTS" basis, subject to the General Terms and Conditions and the conveyance documents approved by the City.

All information and documents required by the Bid package shall be submitted electronically through OpenGov by the response deadline. [...] This sale is a cash sale. The City will not provide financing, accept installment payments, or accept property in exchange for the property being sold.

No deposit or bid bond is required to be submitted with the Bid through OpenGov. If the City requires a deposit from the successful Bidder after award, the City will notify the successful Bidder in writing of the required amount, acceptable form of payment, payment deadline, and applicable terms.

The City intends to award the sale to the highest responsible Bidder, subject to City Council approval and all applicable requirements.

All bids shall be valid for a period of ninety (90) days after the bid opening.

No pre-bid meeting or site visit is scheduled unless otherwise announced by the City through an addendum.

In accordance with Section 145 of the City of Killeen's City Charter, a sale of real property shall not be deemed effective until thirty (30) days have elapsed after passage of an official resolution approving the sale.