Loren Data Corp.

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COMMERCE BUSINESS DAILY ISSUE OF JULY 10,1997 PSA#1884

U.S. Small Business Administration, Office of Procurement and Grants Management, 409 3rd Street, SUITE 5000,5th Floor, Washington, D.C. 20416

R -- PLATTING, MARKETING & SALE OF SBA-OWNED PROPERTY IN SUNSHINE, FL SOL SBAHQ-97-R-0016 DUE 080897 POC Deborah M. Woods, Contracting Officer (202) 205-7051 E-MAIL: http://www.Deborah.Woods@sba.gov, Deborah.Woods@sba.gov. SBA intends to procure platting, marketing & sale of property via a sole source contract. See Numbered Note 22. SBA has equity ownership of Royal Business Funds of Deerfield Beach, consisting of approximately 27 acres (split into 2 parcels) of undeveloped land located at Commercial Blvd. east of Nob Hill Rd., plus additional acreage east of that tract, in Sunrise, FL, which the Office of SBIC Liquidation desires to liquidate. In order to liquidate this property, the following actions are contemplated: (1) Preparation and processing of a perimeter plat to secure density rights to maximize the buildable capacity of the property. Includes obtaining permits and payment of other fees to the City of Sunrise and Broward County, FL. (2) Obtain and install 2 temporary "For Sale" signs. Includes permit fees. (3) Market and sell both parcels of property via a 6-month real estate listing agreement with the contractor. List price will be determined by SBA at the time the listing agreement is signed. SBA intends to procure these services via a sole source contract with Savitar Realty Advisors/ Savitar Properties, Inc., 5345 Pine Tree Drive, Miami Beach, FL 33140. (0189)

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