Commercial Development

FORMAL NOTICE AND REQUEST FOR PROPOSALS

The City of Lookout Mountain has advertised and posted the following notice that contains important information for prospective developers. PLEASE CAREFULLY REVIEW THE NOTICE IN ITS ENTIRETY:
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NOTICE OF PROPOSED SALE OF REAL PROPERTY
AND REQUEST FOR PROPOSALS

CITY OF LOOKOUT MOUNTAIN, GEORGIA

The City of Lookout Mountain, Georgia (the ¿City¿), is offering for sale and development certain real property located in the City¿s Town Center district. In the alternative, the City would consider retaining ownership of the property and leasing it to a qualified developer. The City is soliciting proposals for the purchase (or lease) of the property, which must be accompanied by specific plans for the development of the property, a timeline for the proposed development, evidence of financial responsibility, and a commitment to certain architectural, design, aesthetic, parking, stormwater and other requirements established by the City. Additional information and documents regarding the Request for Proposals (RFP) may be obtained at the City¿s City Hall, 1214 Lula Lake Road, Lookout Mountain, Georgia 30750, telephone (706) 820-1586, extension 4, or by email to kennylee@lookoutmtnga.com.

As discussed below, interested parties may submit proposals for the purchase (or lease) and development of all or part of the property being offered. The City reserves the right to reject any and all proposals, to sell or lease all or part of the property, and to sell or lease the property in parcels to one or more developers.

General Description of Property: The property being offered for development is part of the City of Lookout Mountain¿s Town Center District located at 1214 Lula Lake Road, Lookout Mountain, Georgia 30750. The Town Center District includes the City of Lookout Mountain¿s City Hall and Fire Hall located on the western portion of the Town C