The City of Portland Water Bureau owns the property, structures, and infrastructure located at 540 SW Nevada St. The Water Bureau no longer needs the property, structures, and infrastructure for on-going operations.
|COLLIN'S VIEW TANK|
|ADDRESS (Linked to Google Map)||540 SW Nevada St|
|PORTLAND MAPS||540 SW Nevada St|
|PROPERTY DESCRIPTION||Site Details: The site contains an above ground steel tank, pump station, and water infrastructure.|
|Reason for Intent to Dispose: The Water Bureau no longer needs the property, structures, and building for on-going operations and it is excess to the bureau’s needs, except for ongoing maintenance.|
|Square footage: 7,400|
|Tax ID #: R330285|
|Zone: RM1 Residential Multi/dwelling 1|
|PROPERTY STATUS||Stage 1 (see stage descriptions below)|
|APPRAISAL||Conducted in 2019
Land value assessed by county at $416,630
|CONDITIONS OF SALE||Water Bureau will remove inside pipes and hardware.|
Property Acquisition & Services Manager
Portland Water Bureau
|SURPLUS PROPERTY STATUS
|1||September 8, 2020||Property Declared As Excess
The Portland Water Bureau determines the property and structures are no longer needed for on-going operations and are excess to the bureau’s needs.
|2||October 9, 2020||October 30, 2020||Inter-Bureau Notification of Sale of Excess Property
The Water Bureau property staff notifies and sends specific details, to the Real Property Coordinator, that a specific property is excess and no longer needed for bureau use. Within seven calendar days, written notification on its’ potential availability is sent to other City bureaus, offices and Council offices. Each City bureau, office and Council office may provide a written response within 21 calendar days indicating whether or not the bureau or office is interested in the property.
|3||November 2, 2020||External Notification
If no City bureau or office indicates interest in acquiring the real property, and the originating bureau wishes to proceed with the deposition process, a minimum 60 calendar-day notification period to invite public comment for consideration. The Real Property Coordinator shall provide written notice of the proposed disposition to the Neighborhood Coalition, the Neighborhood Association, and the Office of Neighborhood Involvement, of the bureau’s intent to dispose of the property. At this time, the property will be listed on the citywide Excess Real Property webpage. The Real Property Coordinator, in conjunction with the originating bureau, will notify PDC, Metro, TriMet, the Port of Portland, the county in which the real property is located, the State of Oregon, and any other jurisdictions that have expressed interest in being notified.
Request for extension by a City bureau or office.
The available property for sale is identified on the Water Bureau's Surplus Property website: www.portlandoregon.gov/water/surplus.
The Water Bureau will place an informational sign on the property identifying it as excess, available for acquisition, and listed for sale to the public if not acquired by a public agency. The sign is posted for a minimum of 60 days.
Request for extension from Neighborhood Association.
Notification of proposed disposition given to those living within 200’ feet of the property by the Real Property Coordinator.
|9||City Council Declares Property Surplus
If, after the informational sign has been posted for a minimum of 60 days, the Public Comment Period has ended, and no public agency has expressed interest in acquiring the property, the Water Bureau prepares an Ordinance to be placed on the regular City Council agenda. The Ordinance asks council to declare the property surplus and authorize the Water Bureau to proceed with a public sale. The Real Property Coordinator updates the web page.
|10||Notice to Sale
Upon the effective date of a council Ordinance authorizing the sale, the Water Bureau may proceed to sell the surplus property, with or without a real estate agent, for an asking price determined to be reasonable by the bureau's property manager.
For any properties already authorized for sale by council, the Water Bureau shall, prior to the sale, conduct notice in Stage 1 (above) and proceed to sale in Stage 5 (above).
The surplus property is listed for sale with the Regional Multiple List Service (RMLS).
Surplus property has been sold.
The Water Bureau will update this webpage as the property moves through the process.