1-Disposition of Property - FINAL.pdf

DISPOSITION OF PROPERTY

PLEASANT VALLEY RD

OWENSBORO, KENTUCKY

Response Deadline: Monday, February 2, 2026, 5:00 P.M. CT

The City of Owensboro (“City”), Kentucky is seeking written responses for the acquisition and development of a prime vacant property located on Pleasant Valley Road, Owensboro, KY. This disposal process invites experienced developers and development teams to submit responses that outline their plans to develop the property.

Owensboro is a growing and dynamic city with a rich cultural heritage, a thriving downtown, and a commitment to promoting economic development. This development opportunity presents the potential for transformative projects that align with the city’s vision.

1. DESCRIPTION OF PROPERTY

2. SCOPE OF WORK

Please provide a comprehensive proposed plan for the development of the above-mentioned property. Your response should include sufficient detail for the City to evaluate the following elements: the experience and qualifications of the development team; the overall project concept and vision; a proposed project timeline; and the proposed acquisition price or compensation.

3. RESPONSE REQUIREMENTS

The City seeks to select a respondent whose development plan demonstrates exceptional quality and proven experience, and most importantly, delivers lasting economic and community value for the City and its residents. All respondents shall submit the following information in their responses and shall be scored accordingly up to a total of 100 points.

Development Experience: Demonstrate experience in successful property developments.

Provide no fewer than 1 and no more than 3 examples of similar projects, along with their references.

• References shall include client names, telephone numbers, address, and e-mail.

Project Concept & Vision: A description of the proposed use, design aesthetics, and how it complements the surrounding environment and provides a positive economic impact for the community.

Project Timeline: Provide a predicted timeline showing all major development milestones.

Acquisition Price/Compensation: Provide the price offered for the property.

4. EVALUATION CRITERIA

Respondents will be evaluated based on their responses to the requirements as stated in this “Disposition of Property” document. Each section is worth up to the following:

• Development Experience – 10 Points

• Project Concept & Vision – 30 Points

• Project Timeline – 25 Points

• Acquisition Price/Compensation – 35 Points

If applicable, the City shall schedule interviews with one or more respondents regarding their response.

5. GENERAL COMPLIANCE

Please read these instructions carefully.

LEGAL NOTICE: The awarded respondent must enter into a contract with the intention of relying upon its own investigation and review of the physical, environmental, economic use, compliance and legal conditions of the property and the respondent must acknowledge that they accept the title to this property on an “AS IS” and “WHERE IS” basis without any representation or warranty.

The respondent is welcome and encouraged to enter the property at their own risk, for surveying, testing, inspecting or investigating the property to determine if the property is suitable for their purpose. The respondents are encouraged to visit the property prior to submitting a response.

The City reserves the right to:

1. cancel this process at any time for any reason

2. accept or reject any and all responses

3. waive irregularities in a response

4. award contract based on the best interest or what is most advantageous to the City

5. amend the process, via addendum, prior to response due date to extend or make changes to process

6. request additional information prior to or upon the final selection of a response

7. negotiate terms and conditions with the selected respondent

8. award the contract without written or oral discussions with respondents

9. To purchase back said property from awarded respondent, if respondent fails to meet the agreed upon construction schedule

The City is not responsible for any costs incurred by respondents in the preparation of their responses.

CONTRACT DOCUMENTS: The City’s expectations with respect to the performance in connection with this sale of property are set out in the “Contract Documents”, which consist of this process, any subsequent related written correspondence, award letter(s), and any final contract negotiated by the parties. A respondent/purchaser who fails to examine the Contract Documents does so at their own risk.

PENALTIES FOR NON-PERFORMANCE: If, at any time, the Purchaser fails to fulfill or abide by the terms, conditions, or specifications of the Contract, Seller reserves the right to:

a) Cancel the Contract within thirty (30) days written notification of intent and purchase back said property from the purchaser at initial purchase price; or

b) Re-propose the Contract due to any variation from specifications.

ASSIGNMENT & BINDING EFFECT: No right or interest in this Contract shall be assigned or delegation of any obligation made by Purchaser without the written permission of the Seller.

Any attempted assignment or delegation by Purchaser shall be wholly void and totally ineffective for all purposes. Purchaser understands and agrees that in the event that all or substantially all of its assets are acquired by another entity, that it or its successor in interest will remain obligated to fulfill the terms and conditions of this Contract.

RESPONSE SUBMISSION: Responses must be submitted through the online Bonfire Portal at:

https://owensboro.bonfirehub.com. Submissions by other methods will not be accepted.

Minimum system requirements: Microsoft Edge, Google Chrome, Safari, or Mozilla Firefox.

(Javascript and browser cookies must be enabled.)

Vendors should contact the Bonfire Support team at Support.Bonfire@eunasolutions.com for technical questions. Vendors can also visit Bonfire’s help forum at https://vendorsupport.gobonfire.com/hc/en-us.

Submission materials should be prepared in the file formats listed under Requested Information for this opportunity in the Bonfire Portal. The maximum upload file size is 1000 MB. Documents should not be embedded within uploaded files, as the embedded files will not be accessible to be evaluated.

All submission documentation shall become the property of the City and will not be returned to the respondent unless an agreement in writing is secured before the bid is submitted to the City.

KENTUCKY OPEN RECORDS LAW: At the time a response is submitted to the City, Respondent shall identify any information that is submitted as part of the response that is proprietary or confidential in nature and not subject to release for public inspection. The City will protect any proprietary or confidential information to the extent allowable under the Kentucky Open Records Act (KRS 61.870 to 61.884).

CONFLICTS OF INTEREST: Gratuities and Kickbacks - Use of Confidential Information

It shall be a breach of ethical standards for any employee with procurement authority to participate directly in any proceeding or application; request for ruling or other determination;

claim or controversy; or other particular matter pertaining to any contract or subcontract, and any solicitation or response therefore, in which to his knowledge:

He, or any member of his immediate family has a financial interest therein; or a business or organization in which he or any member of his immediate family has a financial interest as an officer, director, trustee, partner, or employee, is a party; or any other person, business, or organization with whom he or any member of his immediate family is negotiating or has an arrangement concerning prospective employment is a party. Direct or indirect participation shall include but not be limited to involvement through decision, approval, disapproval, recommendations, preparation of any part of a purchase request, influencing the content of any specification or purchase standard, rendering of advice, investigation, auditing, or in any other advisory capacity.

It shall be a breach of ethical standards for any person to offer, give, or agree to give any employee or former employee, or for any employee or former employee to solicit, demand, accept, or agree to accept from another person, a gratuity or an offer of employment, in concoction with any decision, approval, disapproval, recommendation, preparation of any part of a purchase request, influencing the content of any specification or purchase standard, rendering of advice, investigation, auditing, or in any other advisory capacity in any proceeding or application, request for ruling or other determination, claim or controversy, or other particular matter, pertaining to any contract or subcontract any solicitation or response therefore.

It is a breach of ethical standards for any payment, gratuity, or offer of employment to be made by or on behalf of a subcontractor under a contract to the price contractor or higher tier subcontractor or any person associated therewith, as an inducement for the award of a subcontract or order.

The prohibition against conflicts and gratuities and kickbacks shall be conspicuously set forth in every local public agency written contract and solicitation therefore.

It shall be a breach of ethical standards for any public employee or former employee knowingly to use confidential information for his actual or anticipated personal gain, or the actual or anticipated personal gain of another person.

For further information on the conflict of interest statutes, see the “Recovery of Value of Anything Transferred or Received in Breach of Ethical Standards” at KRS 45A.460, and “Definitions for Terms Used in KRS 45A.445 to 45A.460” at KRS 45A.445.

ADDITIONAL INFORMATION: Firms shall not contact or visit any City staff involved in the selection process or City officials regarding this “Disposition of Property,” until the process is completed. Any firm found to be in contact with City staff or officials may be disqualified from further participation in the selection process.

Any questions, clarification requests and/or additional information requests by the firm shall be communicated through the available “Ask A Question” button within the solicitation in the Bonfire portal. Firms must be registered and logged in to ask questions and should contact the Bonfire Support team at Support.Bonfire@eunasolutions.com if they have any issues.

Answers/Clarifications/Additional information shall also be posted in the Bonfire portal.

To be given consideration, questions/clarification requests must be received 7 days before the response submission date. The “question due date” is also displayed on the Bonfire portal.

Failure of any firm to receive any such answer, clarification or additional information shall not relieve such a firm from any obligation under his/her response as submitted. All answers/clarifications/additional information so issued through the Bonfire portal shall become part of the Contract Documents.