HomeMy WebLinkAbout19. 20-376
AUGUST 25, 2020 20-376 RESOLUTION
(CARRIED__7-0_____LOST_______LAID OVER_______WITHDRAWN_______)
PURPOSE: APPROVE BUDGET AMENDMENT AND FUND TRANSFER;
APPROVE SPOT BLIGHT DESIGNATION; AUTHORIZE
REDEVELOPMENT AUTHORITY TO ACQUIRE; 668 N. MAIN
STREET ($45,000)
INITIATED BY: COMMUNITY DEVELOPMENT
REDEVELOPMENT AUTHORITY RECOMMENDATION: Approved
WHEREAS, the Redevelopment Authority of the City of Oshkosh was created to
assist in the elimination and prevention of blight and blighting influences and to promote
urban renewal; and
WHERES, per Section 66.1333, Wisconsin Statutes, the Redevelopment Authority
may spot blight and acquire blighted property without designating a boundary or
adopting a redevelopment plan; and
WHEREAS, the property owner has offered the property at 668 N. Main Street to
the Redevelopment Authority and said property is not within a designated
redevelopment area; and
WHEREAS, the Redevelopment Authority conducted a public hearing and
approved a determination that the property at 668 N. Main Street is blighted and in need
of rehabilitation and blight elimination; and
WHEREAS, the Common Council has previously approved the City’s 2020
Annual Operating Budget and it is necessary to amend such Budget for the purpose of
funding the purchase of this property; and
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of
Oshkosh that the property 668 N. Main Street is hereby declared blighted pursuant to the
provisions of Section 66.1333, Wisconsin Statutes.
AUGUST 25, 2020 20-376 RESOLUTION
CONT'D
BE IT FURTHER RESOLVED by the Common Council that a comprehensive
redevelopment plan is not necessary to determine the need for acquisition and
redevelopment of said property.
BE IT FURTHER RESOLVED that the following 2020 Operating Budget is hereby
amended to fund said land purchase in an amount of up to$45,000 or sufficient funds to
cover the acquisition related costs based on closing statement shall be transferred from
0303-0740 Community Development Block Grant:
0901-0999 Redevelopment Authority
BE IT FURTHER RESOLVED that the proper Redevelopment Authority officials
are authorized and directed to acquire said property for $45,000 plus closing costs and
execute any and all documents necessary to consummate this transaction. Money for this
purpose is hereby appropriated from the following accounts:
Acct. No. 0901-0999 Redevelopment Authority
city
CO2
Oshkosh
TO: Honorable Mayor and Members of the Common Council
FROM: Allen Davis, Community Development Director
DATE: August 20, 2020
RE: Approve Spot Blight Designation; Authorize Redevelopment Authority to
Acquire Property at 668 N. Main St. ($45,000)
BACKGROUND
The City recently adopted the Central City Investment Strategy that identified the long term
redevelopment plan for north Main Street to New York. This property is blighted and has not
been maintained. The acquisition and demolition of this building would be the first step in
redeveloping the property. Developers have expressed interest in the parcel as part of a larger
Jefferson/Main Street mixed use development.
ANALYSIS
This property is vacant and blighted. The most recent owner has determined that it is not
feasible to rehabilitate the structure and has offered the parcel to the RDA/City. The
redevelopment of the Jefferson/Main Street mixed use project will likely require an additional
parcel(s) in the future. This structure would be demolished and the land combined with
surrounding parcels for new construction in the future.
FISCAL IMPACT
The RDA/City can use CDBG funds for the acquisition and tipping fees for the project. City
crews could perform the demolition. On-going maintenance of the parcel would cost about
$500/year. Sale of the lot could recover a portion of the cost for acquisition and demolition.
City Hall,215 Church Avenue P.O.Box 1130 Oshkosh,WI 54903-1130 920.236.5000 http://www.ci.oshkosh.wi.us
RECOMMENDATION
The Council approves the Spot Blight Designation; and authorizes the Redevelopment
authority to acquire property at 668 North Main Street for$45,000.
Submitted, Approved:
hv;J
Allen Davis John Fitzpatrick
Community Development Director Assistant City Manager
City Hall,215 Church Avenue P.O. Box 1130 Oshkosh,WI 54903-1 130 920.236.5000 http://www.ci.oshkosh.wi.us