Request for Proposals - Land Acquisition in Rusk County

Closed State & local contract opportunity Posted

Solicitation number
2024-06-26
State
Wisconsin
Responses due

Opportunity facts

Jurisdiction
Point of contact

Opportunity details come from vendornet.wi.gov. Updated .

About this opportunity

Rusk County, Wisconsin is soliciting a Request for Proposals (RFP) for the purchase or long-term lease of a 2.072-acre property located at 1201 Lake Ave in Ladysmith. The county seeks proposals that will maximize the property's value and potential, with desired uses including retail, hotel/tourism, housing, and recreation. Evaluation criteria will focus on the overall value and score of submitted proposals, with land cost determined accordingly. The RFP requires respondents to submit a potential acquisition price and provides the county the right to negotiate purchase price after proposal submission. Key proposal requirements include comprehensive development plans, agreement to contract terms such as indemnification of the county, completion of due diligence at the purchaser's expense, and acceptance of the property "as-is". The proposal submission deadline is August 30, 2024, with the county reserving the right to reject any or all proposals and potentially combine development proposals or select alternative proposals if an initial agreement cannot be reached.

The RFP does not specify explicit set-aside designations or restrictions on responding organizations. There are no mentioned incumbent vendors or current contractors associated with this opportunity. The county has not provided a specific budget range or precise award value, instead indicating that the land cost will be determined by the proposal's overall value and scoring. The property's strategic location on the north side of U.S. Highway 8, near the Oakleaf Clinic and in proximity to McDonalds, Kwik Trip, and the intersection with State Highway 27, suggests significant potential for commercial or mixed-use development. Prospective respondents should be prepared to demonstrate financial capability, development expertise, and a clear vision for maximizing the property's potential. The county's flexibility in negotiation and potential for combining or alternative proposals indicates an openness to creative and innovative approaches to property development.

Opportunity text

The County is soliciting proposals for the purchase or long-term lease arrangement for the redevelopment of a prime property within the City of Ladysmith. The Property is located on the north side of U.S. Highway 8 directly to the west of the Oakleaf Clinic and within two blocks west of McDonalds, Kwik Trip and Highway 8's intersection with State Highway 27.

Land cost shall be determined on the overall value and score of the submitted proposal. Successful submittals must include a potential acquisition price of the Property. The County reserves the right to negotiate the purchase price after submittal of proposals with the prospective respondent.

Files

File Type Posted
FINAL 1201 Lake Ave RFP.pdf PDF

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