Loading...
HomeMy WebLinkAbout19-26 REDEVELOPMENT AUTHORITY OF THE CITY OF OSHKOSH,WISCONSIN SEPTEMBER 18, 2019 19-26 RESOLUTION (CARRIED LOST LAID OVER WITHDRAWN ) PURPOSE: AUTHORIZE LAND DISPOSITION OF VACANT LOT; FRANKFORT STREET ($5,000.00) BE IT RESOLVED by the Redevelopment Authority of the City of Oshkosh that the vacant lot on Frankfort Street is hereby declared surplus and the proper officials are hereby authorized and directed to execute any and all documents necessary to sell said property to Greater Oshkosh Healthy Neighborhoods for$5,000.00. TO: City of Oshkosh Redevelopment Authority FROM: Allen Davis, Community Development Director DATE: September 11, 2019 SUBJECT: 19-26 Approve Land Disposition of Vacant Lot on Frankfort Street,$5,000 BACKGROUND The RDA acquired the property in 2017 with the intent to demolish the blighted structure on the property earlier this year. The property is in the Steven Park neighborhood. ANALYSIS The City completed the acquisition and demolition of the structure. The lot has been regraded and vegetated. City staff has placed the lot on the normal marketing sites. Greater Oshkosh Healthy Neighborhoods has offered the full market value for the lot. GO HNI would combine the lot with the neighboring lot that they recently purchased for renovation. GO HNI plans to build a garage on the property once it is combined with the house. FISCAL IMPACT CDBG funds require that the lot be sold for fair market value which the City uses as the assessed value. The City Assessor has placed a value of$5,000 on the lot. RECOMMENDATION The RDA approves the disposition of the property on Frankfort for$5,000. 7N VVA(i GOOAV l �,,,,,,lL.r..l 1. , I /..,. L I I i r... 0 rre AV VT j-j Lj' I. q t AV I. IIARIV P V 41 /JIv ................... LU ............. LU L 40 CA R p ............... ......... ....................... ............................. ........... N 1 in ::::: 0,04 irni CRy of OsIhIlkosIlh irnalps aind dalk a al ea lurnne inded to Ibe used for geneirall urne n0ficafloin ............................................................ PLIIfjP0S(�S only,and Hhe(..uty of OsIhIlkosIli aSSUirnes no llhalJlRy foir the ac.,c.,uiifaf.-,y of the Pitlint.Jing Data: 9/25/2017 irifcn irnafloin. 11 hose using the infoirirna6oin aire iresjpoinsilblle bir veinfyiinq accufacy Il:err Oshkosh full dtscll61rneir please go to www.c.J.oslhll(oslh W us/GllSdtsrl61meir Prepaired Lay ON of .)shkoern,W JAI��I 'I ;, lln,. \,lnp,VFIhm I!I q ll�, NInp illxqi lsc Ir nrldirwif i , I � 0 r f I� w�� I IIID II�IIII������ �n1�, 1111111 W ,�,jfNl�lw I III I 1II Irl 0.0"1 Irn II �PON, Oty of V:sIhlleosIlh Irnrealr s «alrny d alk«a ware linAe'alrnde',en to be used d Veror ge,rieirall lidei nUficafiioin ............................................................ frLIIflaOS(a ;„only,and nlhea(..ity of Osll')lke:asIli aa;SUirnie°s no Iliieal" lllRy foir the -ar;e;uufns y of the PII"II 9/25/2017 niffcnnlrrnaV,iierna, Il those:uro°;„ulrng the;IIIr brim able in;are,re„sIriaarn;,iilbllle,brve,lnffyllin q -ae:;cu f aay. Il:err r�.11rn�� Data: ®shko h full a tsclIl61rne^Ir Iplle;iase.Baro to ww w.c.J.ai<;ull ll(oalhn.iarii.us/GllSdtsrl61rneir PII'epair d L)y:ON of Oshkosh,W AI:: I� 'I ; I'l n,. I”lnpe""IIhmI!I q I � , 1NInp irr:xx:1 I,c Ir nr7drw�rn`