HomeMy WebLinkAbout19-16 REDEVELOPMENT AUTHORITY OF THE CITY OF OSHKOSH,WISCONSIN
MAY 15, 2019 19-16 RESOLUTION
(CARRIED LOST LAID OVER WITHDRAWN )
PURPOSE: AUTHORIZE LAND DISPOSITION OF 421 MONROE STREET TO
HABITAT FOR HUMANITY ($12,900.00)
BE IT RESOLVED by the Redevelopment Authority of the City of Oshkosh that
421 Monroe Street is hereby declared surplus and the proper officials are hereby
authorized and directed to execute any and all documents necessary to sell said property
to Habitat for Humanity for$12,900.00.
TO: City of Oshkosh Redevelopment Authority
FROM: Allen Davis, Community Development Director
DATE: May 7, 2019
SUBJECT: 19-16 Authorize Land Disposition of 421 Monroe Street to Habitat for
Humanity; $12,900
Background
The RDA acquired this property as part of a blight removal project in the Menominee
South Neighborhood.The house and general property conditions had become a blight on
the neighborhood and the property is scheduled for asbestos abatement and demolition
this summer.
Analysis
Habitat for Humanity has approached city staff on the possible acquisition of this RDA
parcel.Habitat has offered to pay$12,900 for the parcel and construct a new single family
affordable house on the parcel. The offer is consistent with land values in the
neighborhood.
Community Development staff will retain final site plan approval and architectural
design approval of the proposed new home. Staff is also recommending that the sale be
conditioned on the construction of a garage by Habitat for Humanity.
Fiscal Impact
The sale of the parcel would yield$12,900.In addition, the property value would increase
between about$100,000-$120,000.
Recommendation
The RDA approves of the land sale to Habitat for $12,900 with the stipulation that a
garage also be constructed as part of the new construction project.
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