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HomeMy WebLinkAbout03-53.docFEBRUARY 25, 2003 03-53 RESOLUTION (CARRIED 7-0 LOST LAID OVER WITHDRAWN ) PURPOSE: ESTABLISH FAIR MARKET VALUE; AUTHORIZE PURCHASE: 716 OREGON STREET INITIATED BY: CITY ADMINISTRATION WHEREAS, the Plan Commission has reviewed and recommended the purchase of property located at 716 Oregon Street which is currently being offered for sale; and WHEREAS, the Common Council of the City of Oshkosh has previously approved a CDBG plan declaring the area surrounding the subject property blighted; and WHEREAS, the property will be purchased for rehabilitation to be undertaken in partnership with a private developer; and WHEREAS, the acquisition is consistent with the targeted central city redevelopment program and will reinforce the anticipated redevelopment area located on the south side of the river; and WHEREAS, the property and interest to be acquired includes land and buildings, if any, exclusive of equipment and fixtures both movable and immovable. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of Oshkosh that that the fair market value for the property described above is hereby established at FIFTY-SEVEN THOUSAND AND NO/100 DOLLARS ($57,000.00) BE IT FURTHER RESOLVED that the proper City officials are hereby authorized and directed to acquire said property and execute all documents necessary to consummate this transaction. BE IT FURTHER RESOLVED that money for this purpose is appropriated from: Acct No. Community Development Block Grant Funds / lA_ Subject Site 703 705 707 143 139 133 801 80lA 8TH AVE. 8OO 800A 802 802A 804 806 806A 8O8 137 131 13lA 8T} 127 127A DISCLAIMER This map is neither a legally recorded map nor a survey and it is not intended to be used as one. This drawing is a compilation of records, data and information located in various city, county and state offices and other sources affecting the area shown and it is to be used for reference purposes only. The City of Oshkosh is not re- sponsible for any inaccuracies herein contained. If discrepencies are found, please contact the City of Oshkosh. Close Up View 716 Oregon St. City of Oshkosh Wisconsin Community Development 50 0 50 Feet OJ'HK~H ON THE WATER Created by - VR N 2-20-03 W. 7TH AVE. Subject Site O O DISCLAIMER This map is neither a legally recorded map nor a survey and it is not intended to be used as one. If discrepencies are found, please contact th~/~ W. 8TH AVE~ 8 Close Up View 716 Oregon St. City of Oshkosh Wisconsin Community Development 0 4O Of HKOfH 80 Feet Created by ~ MR N 2-10-03 DISCLAIMER This map is neither a legally recorded map nor a survey and it is not intended to be used as one. This drawing is a compilation of records, data and information located in various city, county and state offices and other sources affecting the area shown and it is to be used for reference purposes only. The City of Oshkosh is not re- sponsible for any inaccuracies herein contained. If discrepencies are found, please contact the 1000 City of Oshkosh. I Birds Eye View 716 Oregon St. City of Oshkosh Wisconsin Community Development 0 N OJ'HKOJ'H 1000 Feet Createdby-VR 2-10-03 H AVE. AVE. Subject Site ~ /E. 91 10TH AVE. ~I~H AVE. DISCLAIMER This map is neither a legally recorded map nor a survey and it is not intended to be used as one. This drawing is a eompiiatlon of records, data and information Located in various city, county and state offices and other sources affecting the area shown and it is to be used for reference purposes only. The City of Oshkosh is not re- sponsible for any inaccuracies herein conlained. If dlscrepencies are found, please contact the City of Oshkosh. Existing Zoning 716 Oregon St. City of Oshkosh Wisconsin Community Development 500 0 500 Of HKOfH Feet Created by - VR N 2-10-03