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#3 Acquisition of 215 Linn Street (File Res. #2010-683) NEIGHBORHOOD SERVICES MEMORANDUM March 12, 2010 TO: City Council FROM: Kelly Lee, Neighborhood Development Specialist SUBJECT: Acquisition and Demolition of 215 Linn Street (File Res. 2010-683) Summary The Neighborhood Services Department has received a Neighborhood Stabilization Program (NSP) grant award of $1,003,743 to acquire, rehabilitate, demolish and redevelop foreclosed and abandoned properties. The property located at 215 Linn Street is a foreclosed home that is consistent with the grant application and award criteria. Department Recommendation The Plan Commission and the Neighborhood Services Department recommend that the City Council support a motion to approve Resolution 2009-683 authorizing the purchase of the property located at 215 Linn Street, at an acquisition price not to exceed $21,775 as part of the Neighborhood Stabilization Grant Program (NSP). City Manager Recommendation The City Manager concurs with the Neighborhood Services Department recommendation. Suggested Motion I move to approve file resolution 2009-683 authorizing the purchase of 215 Linn Street, at an acquisition price not to exceed $21,775.00 as part of the Neighborhood Stabilization Grant Program. Background The Housing and Economic Recovery Act (HERA) of 2008 created the Neighborhood Stabilization Program, under which states, cities and counties will receive a total of $3.92 billion to acquire, rehabilitate, demolish, and redevelop foreclosed and abandoned residential properties. NSP funds are considered Community Development Block Grant (CDBG) funds. In January 2009, the City Council authorized staff to apply for a Neighborhood Stabilization grant Program through the State of Wisconsin Department of Commerce. The City of Janesville has been awarded $1,003,743 to acquire 1 foreclosed properties for the purpose of rehabilitation, redevelopment, or demolition. The Community Development Authority (CDA) and the Neighborhood Action Team assisted in formulating criteria for potential Neighborhood Stabilization Program grant projects, including: location in area of greatest need; located within either of the two redevelopment sites as identified in the City of Janesville Look West & Old Fourth Ward Neighborhood Revitalization Plan (Adopted th December 8, 2008); properties located along collector, major arterial streets, or minor arterial streets; properties located near schools or parks; properties th identified as poor or fair condition on the 4 Ward and Look West Housing Condition Report (or of similar condition for census tracts 6 &10). The property located at 215 Linn Street is a foreclosed home owned by Federal Home Loan Mortgage Corporation out of McLean, Virginia. The structure is a single family, traditional style, two story home built in approximately 1900. The house has three bedrooms and one and a half baths and is approximately 1700 square feet. There is a small detached garage in poor condition on the parcel. The property is located in census tract 3, which has been identified as one of the areas of greatest need. The property is identified in fair condition according to th the 4 Ward and Look West Housing Condition Report. This was an exterior assessment of the property and did not take into account the interior condition. From the front façade this property has been re-sided, therefore an exterior evaluation from the street side may give a false impression of the condition of the property. Staff has toured the property and found the interior of the property in a considerable state of disrepair. The kitchen cabinets, counters and hardwood floor are in disrepair. The floors are not level and heave severely in the dining room area. One of the first floor bedrooms was damaged by a bathroom leak from the second floor. There are missing doors, severely cracked plaster, and signs of a leaking basement. The portion of the house that was not re-sided has extensive chipping and peeling paint. NSP funds may be used to demolish blighted structures that exhibit signs of deterioration sufficient to constitute a threat to human health, safety and public welfare. Staff believes that this property fits this definition. Modern Appraisal has completed an appraisal on this property and found the fair market value to be $24,000. The project would include acquisition and demolition of the property funded by the Neighborhood Stabilization Program (NSP) grant. The estimated cost for demolition is $11,000. Once the home is demolished, Neighborhood Services will contact the adjoining property owners to determine if there is an interest in acquiring a portion of the vacant lot. 2 Any materials that are salvageable will be offered to Habitat for Humanity. The City has negotiated a conditional purchase price of $21,775. This falls within the limits established in the grant application. Analysis A. The property is zoned R-2, Limited General Residential. B. The project will include acquisition and demolition of the property funded through the Neighborhood Stabilization Program (NSP) grant. C. The project is consistent with the criteria outlined by the Community Development Authority and the Neighborhood Action Team. The home is located in census tract 3 which has been identified as one of the areas of greatest need in Janesville. The property is within walking distance of th both parks and schools. The property is listed as fair condition in the 4 Ward and Look West Housing Condition Report based on an exterior only inspection. D. The project is consistent with the City of Janesville Look West & Old Fourth Ward Neighborhood Revitalization Plan as well as the City of Janesville Comprehensive Plan. Plan Commission Action Duane Cherek, Manager of Planning Services will present the report during a special meeting of the Plan Commission to be held March 22, 2010. Staff anticipates that Plan Commission will approve as recommended. cc: Eric Levitt, City Manager Jay Winzenz, Dir. of Administrative Services/Assistant City Manager Jennifer Petruzzello, Neighborhood Services Director 3 RESOLUTION NO. 2010-683 RESOLUTION AUTHORIZING THE ACQUISITION AND DEMOLITION OF REAL PROPERTY LOCATED AT 215 LINN ST WHEREAS , Wis. Stats. §§ 62.22 (1), 62.23 (17) (a), 62.23 (17) (b), 66.0101, 62.11(5) and Chapter 32 and other pertinent Wisconsin Statutes permit the City’s acquisition, development, ownership, protection, and conservation of parkland, open space, riverfront properties, and development properties; and WHEREAS, the City of Janesville has been awarded $1,003,743 through the Neighborhood Stabilization Program (NSP) grant; and WHEREAS , the Neighborhood Stabilization Program (NSP) grant must be used for acquisition, rehabilitation, or demolition of foreclosed properties; and WHEREAS , the Community Development Authority (CDA) and the Neighborhood Action Team assisted in formulating criteria for potential Neighborhood Stabilization Program grant projects, including: location in area of greatest need; located within either of the two redevelopment sites as identified in the City of Janesville Look West & Old th Fourth Ward Neighborhood Revitalization Plan (Adopted December 8, 2008); properties located along collector, major arterial streets, or minor arterial streets; properties located near schools or parks; properties identified as poor or fair condition th on the 4 Ward and Look West Housing Condition Report (or of similar condition for census tracts 6 &10); and WHEREAS , the City of Janesville Administration has negotiated an offer to purchase 215 Linn Street in the amount of Twenty One Thousand Seven Hundred and Seventy Five dollars ($21,775.00); and WHEREAS , this property and structure satisfy the criteria and purposes of the City and the above programs; and WHEREAS , the Janesville Plan Commission has reviewed this proposed acquisition on March 22, 2010 and found it to be consistent with long range City plans, but not commenting upon the financial aspects of the transaction; and WHEREAS , the Common Council hereby find that said acquisition and demolition as set forth herein would act in the best interest in and for the benefit of the community, its residents, businesses, and their general welfare, good order, peace, and tranquility; and WHEREAS , the funding source for the acquisition and demolition is the Neighborhood Stabilization Program (NSP) grant: NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of Janesville that they hereby approve and authorize the City Manager and/or his designee(s) to acquire and close upon the City’s purchase of the Property from the owners 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: City Attorney, Wald Klimczyk Proposed by: Neighborhood Services Prepared by: Neighborhood Services