HomeMy WebLinkAbout19-01 REDEVELOPMENT AUTHORITY OF THE CITY OF OSHKOSH,WISCONSIN
JANUARY 16, 2019 19-01 RESOLUTION
(APPROVED LOST LAID OVER WITHDRAWN )
PURPOSE: APPROVE SPOT BLIGHT DESIGNATION; APPROVE
ACQUSITION OF PROPERTY AT 434 BOYD STREET ($43,900)
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
WHEREAS,the property at 434 Boyd Street exhibits conditions cited under Section
66.1333 (2m)3.(bm) of the Wisconsin Statutes that consider said property to be blighted;
and
WHEREAS, the Redevelopment Authority has conducted a public hearing to
obtain comments and determine if said property is blighted; and
WHEREAS, the owner has offered the property at 434 Boyd Street to the
Redevelopment Authority in the amount of$43,900, plus closing costs.
NOW, THEREFORE, BE IT RESOLVED by the Redevelopment Authority of the
City of Oshkosh that:
1. Findings and Determinations. It has been found and determined and is
hereby declared that:
(a) conditions of blight exist at the Property; and
(b) a comprehensive plan of redevelopment is not necessary with
respect to the private redevelopment of the Property or the relation
of the redevelopment of the Property to other property redeveloped
by the Authority.
2. Spot Bli hg t Designation. The Authority hereby finds that the Property is
blighted in need of rehabilitation and blight elimination under the meaning
in Section 66.1333 (2m)3.(bm) of Wisconsin Statutes.
JANUARY 16, 2019 19-01 RESOLUTION
CONT'D
BE IT FURTHER RESOLVED that the proper officials are hereby authorized and
directed to purchase 434 Boyd Street in the amount of $43,900.00 plus closing costs and
execute any and all documents necessary to consummate this transaction. Money for this
purpose is hereby appropriated from Community Development Block Grant Funds.
TO: City of Oshkosh Redevelopment Authority
FROM: Allen Davis, Community Development Director
DATE: January 9, 2019
SUBJECT: 19-01 Spot Blight Designation; Approve Spot Blight Designation; Approve
Acquisition of Property at 434 Boyd Street ($43,900)
BACKGROUND
The vacant property is on the market for sale. The property is in the Menominee South
neighborhood, near the border of River East neighborhood. The house is assessed for
$64,300. The owner was asking $59,900. Staff offered $43,900 based on the amount of
rehabilitation work that would be required.
ANALYSIS
Staff believes the structure should be demolished. Staff has inspected the property, and
based on the condition, it would take about $75,000 to fix the problems and renovate the
house. There are problems with the roof, foundation and basement that will cost
significant amounts of money. Demolition would cost about$10,000 to $20,000. The
lot is 44' x 119' which will make it difficult for rebuilding.
The house is located in one of the lowest scoring blocks on the Quality of Life Map. The
property and block score below average for condition, vacancy and code violations.
The house condition contributes to the low score for the block. Removing the house
will increase the block and neighborhood score.
FISCAL IMPACT
CDBG funds will be used for the acquisition and demolition tipping fees. There are
adequate funds available for this type of blight removal project.
RECOMMENDATION
The RDA approves the spot blight designation and approves the acquisition of property
at 434 Boyd Street for $43,900.
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information.Those using the information are responsible for verifying accuracy.ForOshkosh
full disclaimer please go to www.ci.oshkosh.wi.us/GlSdisclaimer Prepared by:City of Oshkosh,WI
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