HomeMy WebLinkAbout17-18REDEVELOPMENT AUTHORITY OF THE CITY OF OSHKOSH, WISCONSIN
OCTOBER 3, 2017 17-18 RESOLUTION
(CARRIED_______ LOST _______ LAID OVER _______ WITHDRAWN _______)
PURPOSE:DETERMINATION OF NECESSITY; ESTABLISH FAIR MARKET
VALUE; AUTHORIZE PURCHASE –132 W. 9TH AVENUE ($35,000)
WHEREAS, the Redevelopment Authority previously approved the South Shore
Redevelopment Area; and
WHEREAS, it is in the best interests of the citizens of the City of Oshkosh to
acquire property within the boundaries of said Redevelopment Area to assist in the
elimination and prevention of blighting influences and promote urban renewal; and
WHEREAS, the property and interest to be acquired includes land and buildings,
if any, exclusive of equipment and fixtures both movable and immovable, and is
described as:
132 W. 9th Avenue
Original Plat Lot 14 of Block 9,3rd Ward, City of Oshkosh, Winnebago County,
Wisconsin (tax #903-0111-0000)
NOW, THEREFORE, BE IT RESOLVED by the Redevelopment Authority of the
City of Oshkosh that the Authority certifies that in order for said purpose to be
accomplished, it is necessary for the property described above to be acquired. It is further
determined by the Authority that acquisition of said property is hereby determined
necessary pursuant to the provisions of Chapters 32 and 66 of the Wisconsin Statutes.
BE IT FURTHER RESOLVED that the value of the property to be acquired, as
described above, is hereby established at THIRTY FIVE THOUSAND DOLLARS AND
00/100 ($35,000.00). Money for this purpose is appropriated from City Community
Development Block Grant funds.
BE IT FURTHER RESOLVED that the proper Redevelopment Authority officials
are authorized and directed to purchase said property and execute all documents
necessary to consummate this transaction.
TO:City of Oshkosh Redevelopment Authority
FROM:Allen Davis, Community Development Director
DATE:September 28, 2017
SUBJECT:17-18 Determination Of Necessity; Establish Fair Market Value; Authorize
Purchase –132 W. 9th Avenue ($35,000)
BACKGROUND
The property in question is within the South Shore Redevelopment Area. Over the past
few years, the RDA has acquired several other parcels in this block area on both 8 th
Avenue and 9th Avenue.The RDA was approached by the property owner regar ding
their willingness to sell the vacant building and lot to the City for future redevelopment.
ANALYSIS
The building is similar in style and condition to the other structures acquired and
demolished by the RDA over the past number of years. The proposed purchase price
would be similar to the acquisition price of 50 cents on the dollar for the other parcels
acquired.
Asbestos removal and demolition would likely cost another $15,000 to $25,000. CDBG
funds are available and programmed for this type of blight removal/redevelopment
project.
RECOMMENDATION
The RDA makes a Determination Of Necessity; Establishes Fair Market Value;
Authorizes Purchase of 132 W. 9th Ave for $35,000
Subject Site
OREGON STOREGON STW 9TH AVW 9TH AV
S MAIN STS MAIN STW 8T H AVW 8T H AV
W 7T H AVW 7T H AV
W 6TH AVW 6TH AV
W 11T H AVW 11T H AV
W 10TH AVW 10TH AVNEBRASKA STNEBRASKA STE 8 TH AVE 8 TH AV
E 9TH AVE 9TH AV
E 10TH AVE 10TH AV
E 11TH AVE 11TH AV
PPIIOONNEEEERRDDRR
E 7TH AVE 7TH AV
W 5TH AV
W 5TH AV
J:\GIS\GIS_Base_Maps\Planning Base Map.mxd User: andreaf
1 3 2 W . 9 t h A v e132 W . 9 t h A v e
City of Oshkosh maps and data are intended to be used for general identificationpurposes only, and the City of Oshkosh assumes no liability for the accuracy of theinformation. Those using the information are responsible for verifying accuracy. Forfull disclaimer please go to www.ci.oshkosh.wi.us/GISdisclaimer Prepared by: City of Oshkosh, WI
Printing Date: 9/25/2017
1 in = 200 ft
1 in = 0.04 mi¯
13 7
136 132 128 124 118 114 1 0 6
12 6
13 1 12 7 12 3 117 113 10 7
112116122132136140800800A802806806A808 106A
123A127A131A
137 119
140A
Subject Site W 9T H AVW 9T H AV
W 8T H AVW 8T H AV
J:\GIS\GIS_Base_Maps\Planning Base Map.mxd User: andreaf
1 3 2 W . 9 t h A v e132 W . 9 t h A v e
City of Oshkosh maps and data are intended to be used for general identificationpurposes only, and the City of Oshkosh assumes no liability for the accuracy of theinformation. Those using the information are responsible for verifying accuracy. Forfull disclaimer please go to www.ci.oshkosh.wi.us/GISdisclaimer Prepared by: City of Oshkosh, WI
Printing Date: 9/25/2017
1 in = 50 ft
1 in = 0.01 mi¯