Land Exchange on River

The City of San Angelo's Real Estate Division is seeking proposals from qualified respondents to exchange land located at 505 South Chadbourne (Lots 11-19, Block 69, Fort Concho Addition), specifically the surface estate of the parcel. The procurement is structured as a Request for Proposal (RFP) that will consider cash offers, property exchanges, or combinations thereof for future development purposes. Proposals must include detailed information about purchase price, evidence of legal title to any exchanged property, and proof of sufficient funds to complete the transaction within five business days of City Council approval. The evaluation of proposals will be based on four primary criteria totaling 100 points: net value received (35 points), strategic suitability with priority given to properties along the Concho River in downtown San Angelo (25 points), development potential (25 points), and transaction feasibility (15 points). Proposals must be submitted through the City's e-Procurement Portal (Bonfire), with questions required to be submitted at least one week prior to the deadline, and the submission deadline is set for January 29, 2026.

The procurement appears open to various types of vendors, with specific provisions for local preference consideration for businesses with principal places of business within San Angelo city limits. Vendors must complete several mandatory compliance forms, including a Conflict of Interest Questionnaire, Prohibited Contracts Verification Form, Debarment and Suspension Certification, and Local Preference Consideration Application. Non-resident vendors must comply with Texas Government Code reciprocity requirements and may need to underbid by a specific percentage compared to Texas resident vendors. The city reserves the right to determine best value and is not obligated to reimburse any expenses incurred in proposal preparation. While no specific budget range is explicitly stated, the evaluation criteria suggest the city is seeking maximum economic value, including considerations of fair market appraisal, strategic location benefits, and potential for local economic development. The property will be sold "as is" with the city retaining all oil, gas, mineral rights, and water rights.