ESBD_480566_1768948833215_RFB 2025-080 Addendum 1.pdf
PDF 951 KB Posted
- Solicitation number
- RFB2025-080
- Issued by
- Mclennan County, Wichita Falls City, Texas
About this file
This is Addendum 1 to Request for Bid (RFB) 2025-080 issued by the City of Waco, Texas Purchasing Services Department for the sale of a city-owned residential property located at 3600 River Bend Lane. The property comprises approximately 5.485 acres and includes a four-bedroom, two-bathroom house with two flex rooms, a two-car carport, and a sunroom with river views. The bid submission deadline is February 6, 2026, at 2:00 P.M. CT, with public bid opening occurring at 2:01 P.M. CT via Zoom video conferencing and dial-in. No property walk-throughs will be conducted; instead, exterior and interior photographs are available on the City of Waco's Property Management and Sales webpage. The City Council is expected to make a final selection by February 20, 2026. The current property is leased through July 1, 2026, with possession available beginning July 2, 2026.
The minimum bid requirement is $750,000, with the City obligated to award the bid to the highest responsive and responsible bidder meeting or exceeding this minimum. Bidders must submit proof of cash funds or a loan pre-qualification letter from a financial institution. The property is sold in "as-is" condition with no guarantees regarding condition, utility availability, or code compliance. The successful bidder must execute the Purchase and Sale Agreement within 15 business days of bid acceptance and deposit earnest money (minimum 1% of sale price) within 5 business days of agreement execution. Closing must occur within 25 days of the effective date for cash purchases, with the City requiring 15 business days prior to closing to review documents. The City retains a 50% reservation of oil, gas, and other minerals. The property is located in both 100-year and 500-year floodplain areas, requiring flood insurance. The City will not provide title insurance, surveys, or brokerage fees, and bidders must waive protest rights regarding any municipal wastewater treatment plant on adjacent property.
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Text version
Purchasing Services PO Box 2570 Waco, Texas 76702-2570
T: (254) 750 8062 F: (254) 750 8063 waco-texas.com
Date:
RFB No:
Bid Opening Location: 1415 N. 4th St. Waco, Texas (Via Zoom Video & Dial-in)
Addendum No: 1 The above-mentioned bid invitation has been changed in the following manner. Sign and return addendum to the Purchasing Office by the closing time and date with your RFB/P/Q response. Returning this page signed by your authorized agent will serve to acknowledge this change. All other requirements of the invitation remain unchanged. If you have any questions, please call or stop by the Purchasing Office at the above address.
PLEASE REVIEW THE FOLLOWING PAGES
Commodity:
Contact:
January 20, 2026 2025-080 Property Bid Sale, 3600 River Bend Lane, Waco, Texas Paul Campos pcampos@wacotx.gov
Firm: ____________________________________________________________________________________
Address___________________________________________________________________________________
Signature of Person Authorized to Sign Bid:______________________________________________________________________
Signor's Name and Title (print or type):_____________________________________________________________________________
Date:____________________Telephone:___________________________Fax:_________________________
THE FOLLOWING IS BEING ISSUED AS ADDENDUM NO. 1
• Notice to Interested Bidders
• Link to Exterior and Interior Photos of the Property
• Questions/Responses
Closing Time: February 6, 2026; 2:00 P.M. CT Opening Time: February 6, 2026; 2:01 P.M. CT
RFB 2025-080 Addendum 1 mailto:pcampos@wacotx.gov
RFB 2025-080
Addendum 1
1. I have downloaded the bid package for RFB No. 2025-080 (auction for 3600 River Bend Ln) and have a couple of questions regarding the bidding protocol. I understand from the bidding form that the minimum bid is $750,000. Can you advise what happens if no bids are received that exceed the $750,000 minimum? Additionally, if a bidder disregards the minimum bid requirement and submits a bid below $750,000, is it automatically disqualified or would it be accepted if there are no other bids received that exceed the minimum?
o The City will award the bid to the highest responsive, and responsible bidder that submits a bid at, or exceeding the minimum of $750,000.
o If the highest bidder withdraws, the City may consider awarding the contract to the next highest bidder, and so on, provided the bid amount remains above the minimum bid amount. The City reserves the right to reject all bids.
2. Will there be a day or time to walk the property?
o No.
o Photos of both exterior and interior of the property is available on the City of Waco's Property Management & Property Sales web-page.
Notice to all interested bidders:
The sale of this property will take place through bidding in “AS IS” condition, as outlined in the bid information found in the RFB package. No site visits will be conducted. You can view photos of both the exterior and interior at the following link:
https://www.waco-texas.com/Departments/Fiscal-Management-Services/Property-Management-and-Sales.
Response to Questions:
RFB 2025-080 Addendum 1 https://www.waco-texas.com/Departments/Fiscal-Management-Services/Property-Management-and-Sales
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