Residential Lot Disposition Program

PUBLIC NOTICE
REQUEST FOR PROPOSAL NO. PC27-016
RESIDENTIAL LOT DISPOSITION PROGRAM
The City of Panama City Florida, a Florida municipal corporation located in Bay County, Florida ("City"
or "Owner"), seeks proposals from qualified builders and buyers for City-owned real properties.
Purpose
The City identified an initial group of residential lots located within Low-to-Moderate Income (LMI)
neighborhoods to begin the implementation of the Residential Lot Disposition Program.
This initial release of City-owned real properties establishes a clear, transparent, and repeatable
process for returning vacant City-owned property to productive use while encouraging private
investment and expanding homeownership opportunities throughout Panama City.
Initial Development Packages
Package Property 1 Parcel ID Property 2 Parcel ID
920 Cypress
1 2005 E. 7th Court 16013-000-000 16977-000-000
Avenue
917 Harris
2 2609 E. 6th Street 22239-000-000 16551-010-000
Avenue
2101 Horizon
3 609 E. 7th Plaza 17998-000-000 16075-210-000
Lane
2105 Horizon
4 519 E. 8th Court 18010-000-000 16075-208-000
Lane
802 E. 8th Street 2103 Horizon
5 17274-000-000 16075-209-000
(Lots 8, 9 & 10) Lane
Program Goals
* Return vacant City-owned property to productive use.
* Encourage participation from local builders.
* Create a predictable and transparent disposition process.
* Expand quality housing opportunities.
* Generate proceeds that can be reinvested into future housing initiatives.

Three Participation Options
Option Description City Return
Builder purchases the lot at approved
Option 1 None
market value.
City discounts the purchase price of the City receives 50% of the lot's
Option 2 lot to improve project feasibility for established market value (before
affordable homeownership. the discount) at closing.
The City contributes the lot as part of the City receives 100% of the
Option 3
overall development transaction. lot's value for infill program.
Option 1 - Purchase at Market Value
The builder purchases the property at its approved market value.
This option provides the quickest path to returning vacant property to productive use while
expanding the City's tax base
Option 2 - Discounted Lot Purchase
The City discounts the purchase price of the lot to improve project feasibility while encouraging
affordable homeownership. At closing, the City receives fifty percent (50%) of the lot's established
market value before the discount is applied. These proceeds may be reinvested into future
housing initiatives.
Option 3 - City Contributes the Lot
Rather than discounting the property, the City contributes the lot as part of the overall development
transaction. This option provides the greatest level of assistance to the builder while allowing the
City to recover full value of the lot's established market value at closing to support infill housing
opportunities.
Program Requirements
Builder Requirements
* Hold an active residential building license.
* Demonstrate proof of financing or financial capacity before closing.
* Begin construction within twelve (12) months of closing.
* Obtain all required permits.
* Comply with all applicable City codes.
* Lots may not be assigned.
* Failure to begin construction may trigger repurchase or reversion provisions.
Buyer Requirements
(Discounted Lot Purchase and City Contribution Only)
* Occupy the home as their primary residence.
* Meet applicable affordable housing program requirements.
* Be qualified through a participating lender before closing.
* Execute all required occupancy affidavits.

Builder Participation
* Builder qualification information.
* Preliminary home plans.
* Proposed construction schedule.
* Proof of financing or financial capacity.
CRA Coordination
Lots located within a Community Redevelopment Area remain eligible for applicable CRA
incentives. However, projects receiving either a City-discounted lot or a City lot contribution are
not eligible for CRA demolition grant funding for the same property. This prevents duplication of
public incentives while preserving other available CRA programs.
Conclusion
The Residential Lot Disposition Program establishes a consistent framework for returning vacant
City-owned property to productive use while encouraging private investment, expanding
homeownership opportunities, and creating a sustainable funding source for future housing
initiatives. The initial package release provides a fair, transparent, and predictable process for
distributing development opportunities among qualified builders while promoting investment
across multiple neighborhoods throughout Panama City.
This RFP is issued pursuant to Section 287.057 of the Florida Statutes. All references to Florida
Statutes, City of Panama City and Panama City codes, and other laws/regulations will be
interpreted to include "as amended from time to time."
Direct all inquiries regarding this RFP in writing to purchasing@panamacity.gov no later than
October 28, 2026, at 5:00 p.m., CT. Responses to written inquiries will be provided as addenda
and posted on the City's Bid Postings webpage and on the City's Bonfire Portal. It is the sole
responsibility of the proposer to determine if any addenda have been issued.
Proposal Submittal
Completed Proposals should be submitted to the City's Purchasing Division, City Hall,
located at 501 Harrison Avenue, Panama City, FL 32401, via the Bonfire Portal at
https://panamacity.bonfirehub.com/portal/?tab=openOpportunities, by November 4, 2026,
at 9:00 a.m. CT ("Proposal Submission Due Date and Time"). Any Proposal received after the
Proposal Submission Due Date and Time or delivered to a different address, department, or
location will not be considered. For questions regarding registering with the Bonfire Portal or for
assistance with proposal submission, please contact the acquisition/bid specialist Johnnie
Gallegos at purchasing@panamacity.gov.
No proposal may be withdrawn for a period of sixty (60) days after the Proposal Submission Date.
The City may accept the proposal of the responsive and responsible Proposer that best meets
the needs of the City, taking into consideration, among other things, cost effectiveness, the
financial responsibility of the Proposer, capability to perform the contract on a timely basis,

previous satisfactory performance, and such other abilities of the Proposer that the City, in its sole
discretion, determines will enable the bidder to perform effectively and efficiently.
The City reserves the right to accept or reject any and all bids, proposals, competitive or
otherwise, in whole or in part, to waive minor informalities in the solicitation documents, to obtain
new bids, or to postpone the bid opening pursuant to the City's purchasing policies as they may deem
in the best interest of the City.
The City reserves the right to accept any Proposals deemed to be in the best interest of the City,
to waive any minor irregularities, scrivener's errors, minor omissions, minor deviations, and/or
technicalities in any Proposals, or to reject any or all Proposals and to re-advertise for new
Proposals, in accordance with the applicable sections of the Florida Statutes, the City Charter
and City Code, and this RFP. The responsibility for submitting a Proposal before the stated time
and date is solely and strictly that of the Proposer. The City is not responsible for any delayed,
late, lost, misdelivered, or non-delivered Proposals, no matter the cause.
The City shall not be liable for any costs incurred by any Proposer in connection with its response
to this RFP. The City reserves the right to reject any and all proposals, to waive any informality in
any bid, to solicit and re-advertise for new proposal submittals or to abandon the project in its
entirety.
This Advertisement is issued by:
Owner: City of Panama City
By: Shawn Selph
Title: Logistics Director
Date: October 5, 2026