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HomeMy WebLinkAbout47. 19-201 MARCH 26, 2019 19-201 RESOLUTION (CARRIED 7-0 LOST LAID OVER WITHDRAWN ) PURPOSE: APPROVE SPOT SLIGHT DESIGNATION; AUTHORIZE REDEVELOPMENT AUTHORITY TO ACQUIRE 672 Jefferson STREET ($47,000) INITIATED BY: COMMUNITY DEVELOPMENT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 672 Jefferson 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 672 Jefferson Street is blighted and in need of rehabilitation and blight elimination. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of Oshkosh that the property 672 Jefferson Street is hereby declared blighted pursuant to the provisions of Section 66.1333, Wisconsin Statutes. 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. MARCH 26, 2019 19-201 RESOLUTION CONT'D BE IT FURTHER RESOLVED that the proper Redevelopment Authority officials are authorized and directed to acquire said property for $47,000.00 and execute any and all documents necessary to consummate this transaction. Money for this purpose is hereby appropriated from Acct. No. 303-0740-7208-16817 Community Development Block Grant Land Purchase. TO: Honorable Mayor and Members of the Common Council FROM: Allen Davis Community Development Director DATE: March 20, 2019 RE: Approve Spot Blight Designation; Authorize Redevelopment Authority to Acquire 672 Jefferson Street ($47,000) BACKGROUND Staff noticed a 'For Sale by Owner' sign in the window of this vacant residential property and contacted the owner. The property is in the Near East Redevelopment Area. The house is assessed for $88,800. The owner agreed to a sale price of $47,000. ANALYSIS Staff has inspected the property, and based on the condition, it would cost between $150,000 - $200,000 to renovate the house for resale. Demolition would cost about $10,000 to $20,000. At this time, staff does not believe this neighborhood block could support the renovation and resale of a home in the $200,000 price range. The lot is normal sized for this immediate area at 66' x 120', which would allow for the construction of a new affordable single family home. The RDA owns several parcels across the street on the west side of Jefferson Street. RDA members have indicated in the past that the properties on the east side of the 600 Block of Jefferson Street need to be addressed at some point to provide a better opportunity for a redevelopment project coming forward on the west side. 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, police calls and foreclosures. The house condition could be a contributing factor 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. City Hall, 215 Church Avenue P.O. Box 1 130 Oshkosh, WI 54903-1130 920.236.5000 http://www.ci.oshkosh.wi.us RECOMMENDATION The Redevelopment Authority recommended approval of the spot blight designation and acquisition of property at 672 Jefferson Street for $47,000. Respectfully Submitted, f')j Allen Davis Community Development Director Approved: q49 John Fitzpatrick Assistant City Manager City Hall, 215 Church Avenue P.O. Box 1130 Oshkosh, WI 54903-1130 920.236.5000 http://www.ci.oshkosh.wi.us Oshkosh WI Page 1 of 2 PARID:0402680000 WEGNER, CHAD E 672 JEFFERSON ST Parcel Information Property Address 672 JEFFERSON ST Property Zip Code 54901-4556 Class RESIDENTIAL Zoning (see FAQ link above) TR -10 -PD Owner Name WEGNER, CHAD E In Care Of Address 108 OLSON LOOP RD Unit # City IRON RIVER State MI Zip Code 49935-7848 Lot Size Frontage Effective Depth Square Feet Acres 66 120 7920 .1818 Legal Description Desc W 120 FT OF LOT 7 BLK 43 LEACHS MAP Current Assessed Values Assessment Year 2018 Land $12,000 Building $76,800 Total $88,800 Fair Market Value $93,600 (set by State of WI in fall) Average Assessment Ratio .949022293 Prior Assessed Values Assessment Year 2017 Land $12,000 Building $76,800 Total $88,800 Fair Market Value $90,500 Average Assessment Ratio .981307722 Sales 1 ore Date 29 -APR -09 Price $23,500 Document # 1503704 Deed Type PR Grantor JONES JR, ALVIN R Grantee WAGNER, CHAD E Sales Notes PATRICIA JONES ESTATE INT TO CHAD WAGNER Sales Summary Date Price Deed Type Grantor Grantee 29 -APR -09 $23,500 PR JONES JR, ALVIN R WAGNER, CHAD E 28 -APR -09 $23,500 WD WAGNER, CHAD E WEGNER, CHAD E Structure https:Hopa.ei. oshkosh.wi.us1ptIDataletsIPrintDatalet.aspx?pin=0402680000&gsp=PROFIL... 3/14/2019 Oshkosh WI Stories 2 (.1's:attics, .2:Bi-Lvl, .3:Split-Lvl) 5 Exterior Walls FRAME Year Built 1920 Style FARMHOUSE O/S Total Area 2082 Finished Bsmt Living Area BASIC Attic NONE Rec Room Area (not in Total Area) 0 No. of Living Units 1 Residential Features Total Rooms 8 Bedrooms 5 Full Baths 2 Half Baths 20 Wood Burning Fireplace 20 Prefab Fireplace 400 Heat Type BASIC Basement Yes Attached Garage Area Other Buildings and Yard Improvements Page 2 of 2 Building #( Card#) 1 Description FRAME OR CB DETACHED GARAGE Year Built 1920 VUdth 20 Length 20 Area 400 Units 1 https://opa. ci. oshkosh.wi.uslptIDataletsIPrintDatalet. aspx?pin=04026 80000&gsp=PROFIL... 3/14/2019 AV. 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