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#6 Acquisition of 404 Johnson Street (File Res. #2009-654) NEIGHBORHOOD SERVICES MEMORANDUM November 25, 2009 TO: City Council FROM: Jennifer Petruzzello, Neighborhood Services Director SUBJECT: Action on a Proposed Resolution Authorizing the Acquisition of Property at 404 Johnson Street (File Resolution #2009-654) Summary Five hundred Thousand ($500,000) dollars were included within the 2009 Note Issue for neighborhood and downtown property acquisitions. Funding for neighborhoods was included to acquire vacant and/or blighted properties in the central city residential neighborhoods. The property located at 404 Johnson Street is 2-unit rental property at the corner of High Street and Johnson Street. It is located across the street from the Fourth Ward Neighborhood Park. The residential units are in poor condition. An offer to purchase the property has been negotiated in the amount of $30,000, subject to City Council approval. The property would then be demolished at an estimated cost of $12,000. One tenant would be eligible for relocation benefits not to exceed $7,000. Options for the reuse of the property include leasing it to adjoining property owners or the donation of the property to a non-profit for the construction of a new single family home. Department Recommendation Neighborhood Services has viewed the property and site and recommends that the property be acquired and demolished. Staff will continue to explore options for the reuse of the site, and will come back to Council with a recommendation to either lease the lot to adjoining property owners or donate the lot to a non-profit for the construction of a single family home. City Manager Recommendation The City Manager concurs with the Department recommendation. Suggested Motion I move to approve File Resolution #2009-654 authorizing the purchase of real property located at 404 Johnson Street for the purpose of blight elimination and neighborhood stabilization as consistent with the City of Janesville Look West and Old Fourth Ward Neighborhood Revitalization Plan. 1 Background The property located at 404 Johnson Street is 2-unit rental property at the corner of High Street and Johnson Street. It is located across the street from the Fourth Ward Neighborhood Park. The property is 49 feet wide by 120 feet deep, totaling .135 acres. There is a 1792 square foot, 2-story, 2-unit home located on the lot. There is no garage on the property. The residential units are in poor condition. The 2008 assessed value for the lot and improvements is $56,500 with and estimated fair market value of $68,953. The owners of 404 Johnson Street have approached city staff requesting the City consider purchasing their 2 unit rental property. The property owners recently inherited the property and have found it to be in poor condition. They had heard about the City’s Neighborhood Development efforts and contacted the City prior to contacting a real estate agent, and they have agreed to sell the property for $30,000. They would like to close on the property before the end of the year. Because the property sits on an irregular shaped lot with regard to size and width, and the property is in poor condition, Neighborhood Services proposes to demolish the house and either lease the lot to adjoining property owners or donate the property to Habitat for Humanity for the future construction of a single family home. This project would be consistent with City goals for addressing housing quality in the Look West and Old Fourth Ward Neighborhoods. If rehabbed, numerous repairs would be needed In order to meet minimum housing quality standards, including chipping and peeling lead paint, windows, roof leaks, and electrical issues. The building’s asbestos siding is also pealing and there appears to be significant structural issues. Staff believes that demolition of this property is preferable to rehabilitation. Acquisition and demolition of this property and relocation benefits is anticipated to cost approximately $49,000 and is proposed to be funded through the 2009 note issue. The 2009 note issue included $500,000 in funding for vacant and/or blighted projects. Funding is proposed in recognition of the major neighborhood planning effort underway and the insufficient funds that are available under the Community Development Block Grant (CDBG) Program. This would be the first property funded under the 2009 note issue funding. Analysis This proposal addresses some critical issues of The Look West and Old Fourth Ward Neighborhood Revitalization Plan, including: ? Eliminates a nuisance property (5 housing and nuisance complaints in the last 5 years and 44 calls for Police Service in the last 3 years) ? Increases the rate of home ownership by eliminating a 2 unit rental property ? Improves conditions for neighboring property owners ? Eliminates poor quality housing 2 ? Allows for the expansion of the Fourth Ward Neighborhood Park (if lease is ultimately pursued rather than redevelopment) Given the property condition and the local housing market, acquisition costs are anticipated to be low relative to the potential benefits. Staff estimates the cost of demolition will not exceed $12,000 and the cost of relocation will not exceed $7,000; bringing the net cost for the project to a maximum cost of $49,000. Our recent experience indicates that many residential properties are being bought throughout Janesville and are being used as rental properties with no improvements or minimal improvement being made to the properties. Janesville does not currently have a shortage of affordable housing (we are hearing of a 15% vacancy rate); although it is arguable that we are experiencing a shortage of quality affordable housing. The Parks and Open Space Plan notes that properties adjacent to substandard Neighborhood Parks should be reviewed for possible acquisition when they come on the market. The Plan defines substandard neighborhood parks as those that are less than two acres in size. The Fourth Ward Park is just over 2 acres at 2.05 acres. The expansion of Fourth Ward Park was identified within the City of Janesville Look West and Old Fourth Ward Neighborhood Revitalization Plan adopted in December of 2008. The plan indicated that both Fourth Ward and Washington Parks are currently very small given their level of usage and importance to the neighborhoods. The plan notes that the parks are essentially surrounded by development, and expansion would need to be coordinated with a careful, strategic effort to acquire surrounding blighted properties. Pursuing the lease of the lot to adjoining property owners would facilitate the future expansion of the park. As further support for this concept, the Fourth Ward Neighborhood Plan, approved in 1991, included a land use development plan for the expansion of the Fourth Ward Park. The proposed expansion included the triangle of land to the north of the park, boarded by Park Street, Johnson Street, and High Street. Staff has contacted Habitat for Humanity regarding their interest in vacant lots for the redevelopment of housing. They indicated that they would in fact be interested in acquiring a vacant lot in the City sometime after March of 2010. Staff has contacted the adjoining property owners regarding their potential interest in purchasing or leasing the lot once vacant. At this time, the owners are not interested in purchasing the land, however, they are considering a lease agreement. Attachments: Property Data Information Site Map Fourth Ward Neighborhood Plan Map cc: Eric Levitt, City Manager Jay Winzenz, Assistant City Manager and Director of Administration 3 RESOLUTION NO. 2009-654 RESOLUTION AUTHORIZING THE ACQUISITION OF REAL PROPERTY LOCATED AT 404 JOHNSON STREET WHEREAS , Wis. Stats. §§ 62.22 (1), 62.23 (17)(a), 62.23 (17)(b), 66.0101, 62.11(5), Chapter 32, and other pertinent Wisconsin Statutes permit the City’s acquisition, development, ownership, protection, improvement, conservation, public use, demolition, disposition, and other disposal of parkland, open space, riverfront properties, blighted properties, redevelopment, and development properties; and WHEREAS, the City Council approved Five Hundred Thousand Dollars ($500,000) in the 2009 Note issue for neighborhood and downtown property acquisitions, in part to acquire vacant and/or blighted properties in the central city residential neighborhoods; and WHEREAS , the acquisition of 404 Johnson Street for the purpose of blight elimination and neighborhood stabilization is consistent with the City of Janesville Look West and Old Fourth Ward Neighborhood Revitalization Plan adopted December 8, 2008, which identifies home and property maintenance, home ownership and parks and open space among the critical issues for neighborhood improvement; and WHEREAS , the Janesville Plan Commission has reviewed this proposed acquisition on November 16, 2009 and found it to be consistent with long range City plans, but not commenting upon the financial aspects of the transaction; and WHEREAS , the City of Janesville Administration has negotiated an offer to purchase 404 Johnson Street in the amount of Thirty Thousand dollars ($30,000); and WHEREAS , the Council find this acquisition and proposed public use(s) in the best interest of the City and of benefit to the public; and WHEREAS , the demolition cost is estimated at Twelve Thousand Dollars ($12,000); and WHEREAS , the relocation cost is estimated at less than Seven Thousand Dollars ($7,000); and WHEREAS, the funding source for the acquisition and demolition is the 2009 Note Issue. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of Janesville that the City’s acquisition of 404 Johnson Street in the amount of Thirty Thousand Dollars ($30,000) for the above described public purpose(s) is hereby approved and authorized; the City Manager and/or his designee(s) may acquire and close upon the City’s purchase of the Property from the owner(s) on behalf of the City; and BE IT FURTHER RESOLVED , that the City Manager and/or his designee(s), on behalf of the City of Janesville, is/are hereby authorized and empowered to negotiate, draft, modify, review, execute, and enter into additional agreements, record, file, and/or make minor modifications and/or amendments to any and all documents, papers, forms, and agreements, and to take whatever other actions as the City Manager may determine, from time to time and at any time, necessary and/or desirable to effectuate the intent of this resolution and/or the public good. ADOPTED: Motion by: Second by: APPROVED: Councilmember Aye Nay Pass Absent Brunner McDonald Eric J. Levitt, City Manager Perrotto Rashkin ATTEST: Steeber Truman Voskuil Jean Ann Wulf, City Clerk-Treasurer APPROVED AS TO FORM: Wald Klimczyk, City Attorney Proposed by: Neighborhood Services Department Prepared by: Neighborhood Services Director