These are all fancy terms that are thrown around, but one of the reasons the City of Worcester avoids the outright sale of properties that they own to the highest bidder at an auction through the Treasurer's Office is that they want to ensure the property is developed properly. How do they do that?
They issue an RFP (Request for Proposal) whereby anybody can submit a proposal. They are all judged and give scores. The proposal that gets the highest score wins. Once that is determines the City of Worcester prepares a Land Disposition Agreement (LDA) or incorporates the terms of the winning bid right into the deed to ensure that the terms in the winning proposal are kept.
All you need to do is go to deeds for these two lots on Mason Street:
- book 37717 page 51
- book 37717 page 59
The terms are clearly laid out in the deed, complete development in 2 years. It has been over 4 years and we have nothing. If we are not going to enforce the terms of the LDA, I personally am going to start to bidding on any RFP the City of Worcester develops and when I don't meet the terms. Why not, they are no enforce.
5 comments:
Bill, I see no documents beginning on page 51 or page 59 in book 37719. 37719 page 54 is an 18 page mortgage.
Who is the grantor or grantee?
I Found them on page 37717 (from your older blog entry).
thanks I had the wrong book and have changed it to the one you mention
Thanks JSF
Bill
Or should I say scoop… the problem I have with this property is the fact it took the CBA months to get this taken over after sitting empty of twenty years. With a special thanks to Mike O’Brien who came to our meeting and addressed our concerns and got it done.. The problem I have is Worc. Mag did a story five years plus back (with quotes from WCG often by one of their employees) where they beat up on a local developer/landlord saying he was holding the city hostage land banking etc and not developing his land. Now they are doing it and even worse. Poor Tom at Beacon has that brunt up property behind him… great impression as you are trying to sell a car. It comes down to this… two sets of rules…. I am going to find that story.
Signman are you saying it took 20 years to get the Mason st site taken over by the city.
Let us also not forget that another of the bids that was awarded at teh same time WCG got the Mason st site(s) still sits undeveloped some 5+ years later. Specifically, over off of Piedmont up that steep street that runs off
Piedmont near the old plumbing
museum and up to the old city hospital area. Was supposed to be townhouse style units and last I was told, nothing has happeened there either.
ONly bill will get this one..... but Word verification: "garyop".....MMMMMMM
Post a Comment