Published: June 11, 2020
In our June 5th
update, we shared that the County is moving forward with the private sale of
the Chanate property, and that on June 9th the Board would consider issuing an
invitation to brokers to provide the County with a Marketing Proposal for the
sale of the Chanate campus on the private market.
On June 9th, the
Board approved issuing the invitation for approved brokerages to present a
Marketing Proposal to represent the County as its listing agent in the sale of
the County's Chanate Property on the private market.
The selected broker
will represent the County in soliciting purchase offers from interested buyers,
negotiating terms and conditions of a sale, managing the closing process and
concluding the sale in a timely manner.
The County has sent
the invitation to submit a Marketing Proposal to the six qualified brokerage
firms, which were placed on the County’s approved list pursuant to a Request
for Qualifications (RFQ) process conducted in 2019.
The County will
notify neighbors when a broker is selected, likely in July. Staff will to bring
the offers to purchase back to the Board for consideration, further
negotiations, and eventually approval. We will continue to share updates
throughout the process.
County of Sonoma
Housing and Community Development Private Sale Letter (PDF)
Attachments to HCD Letter Private Sale (PDF)
Questions and Answers for Brokers (PDF)