Paducah is offering 'Sale by Bid' property in hopes of enhancing neighborhoods

More than two dozen lots are available through the City of Paducah.  The City ends up with property parcels through a variety of ways including donations.  We are selling these lots (each with a minimum bid of $325) with the goal that they will be developed to further enhance our neighborhoods. 

​The Planning Department is accepting proposals until October 28. 

To be considered for these properties, bidders must be current on City taxes and have no existing liens on any property currently owned in the City of Paducah.    

Proposals must include at a minimum the following information:

• Completed Bid form indicating the intended use and bid offer (Minimum offer considered $325)
• Total Investment anticipated over the next 2 years
• Detailed description of the proposed improvements and how the property will be used
• Description of landscape improvements
• Project timeline (improvement must be completed within 2 years) 

If selected, the following additional information must be submitted within 30 days:

• Detailed construction or rehabilitation plans. All changes and improvements necessary both to meet code requirements as well as to provide for the intended use must be specified and detailed.
• Landscape plan drawings.
• Cost Estimate of improvements by a knowledgeable & experienced third-party professional, e.g. an engineer, architect or experienced contractor. Complex projects should be broken down by cost centers.
• Proof of financial ability to complete the project in an amount matching the estimated costs.  Proof must be in the form of a letter of credit, loan commitment, proof of cash on hand, or some other proof of financial ability acceptable to the City. Grants or special financing must be listed but cannot count toward financial ability unless a copy of the award notice or other acceptable guarantee is provided. 

To see the list of parcels and the bid form.
Go to:  http://paducahky.gov/city-surplus-property