Tuesday, October 16, 2012

City Changes Policy For Unsolicited Land Offers

A new City of Sarasota policy aims for more transparency in transactions for unsolicited offers for city-owned property.
Before, developers could peruse the city's database of property and if it found something that piqued their interest, they could make an offer, negotiate in private until the offer was formally presented to the City Commission. Now, any serious offers will have to first come in front of the commission.
Commissioner Paul Caragiulo said he welcomes alternative ideas, though points out somewhat jokingly, it makes only one type of way to buy property from the city.
"It's a de-facto [invitation to negotiate] for everything in the city," Commissioner Paul Caragiulo said. "I'm being a little facetious, but if the perception is that it's a back-door deal, but [yet] at the end of the day before you sell anything, you got

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