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#4 Authorize to convey 404 Johnson Street to Wisconsin Partnership for Housing Development Inc (File Res. #2012-905) NEIGHBORHOOD SERVICES MEMORANDUM April 11, 2012 TO: City Council FROM: Kelly Lee, Neighborhood Development Specialist SUBJECT: Action on a Proposed Resolution Authorizing the City Manager to Convey the Property Located at 404 Johnson Street to The Wisconsin Partnership for Housing Development, Inc. (File Resolution # 2012-905) Summary In November of 2009, the City Council approved the acquisition and demolition of a blighted two unit structure located at 404 Johnson Street. The property has been demolished, and the City of Janesville has been maintaining the property as a vacant lot since that time. In 2011, the City of Janesville entered into a Developers Agreement with The Wisconsin Partnership for Housing Development (the Partnership) for housing rehabilitation and redevelopment under the Neighborhood Stabilization Program III grant (NSP III). The Partnership has substantially completed the rehabilitation of the adjoining home located at 410 Johnson. Staff believes that it is in the best interest to convey the vacant lot located at 404 Johnson to the Partnership to be combined with 410 Johnson. The lot is of an odd shape and is not desirable for redevelopment, and the additional yard will improve the NSP III project. Department Recommendation The Neighborhood Services Department recommends that the Council approve File Resolution #2012-905, authorizing the City Manager to convey the property located at 404 Johnson Street to The Wisconsin Partnership for Housing Development, Inc. City Manager Recommendation The City Manager recommends approval. Suggested Motion I move to approve File Resolution #2012-905 authorizing the City Manager to convey the property located at 404 Johnson Street to The Wisconsin Partnership for Housing Development, Inc. 1 Background In November 2009, the City Council approved the acquisition of 404 Johnson Street through the General Fund Blight Elimination program, a program designed to support redevelopment efforts by acquiring vacant and/or blighted properties in the central city and downtown neighborhoods. At the time of the acquisition the parcel was improved with a two unit rental property that was in very poor condition. The structure has been demolished and the City of Janesville has been maintaining this parcel as a vacant lot. At the time of Council approval, staff stated that upon determination of a future use of the property, staff would return to council for approval. At this time, Neighborhood Services is requesting that Council approve the conveyance of the property to The Wisconsin Partnership for Housing Development. In June of 2011, the City Council authorized staff to enter into an agreement with The Wisconsin Partnership for Housing Development, Inc. for utilization of Neighborhood Stabilization Program III funds. This program allows municipalities and qualified non-profit organizations to acquire foreclosed properties for the purpose of rehabilitation, redevelopment or demolition. The City of Janesville received $600,000 in housing funds and $37,250 in administrative funds for this program. The City of Janesville entered into a developer’s agreement per the NSP program with The Wisconsin Partnership for Housing Development. The Partnership is a private nonprofit corporation working to expand affordable housing opportunity through innovation in housing development, consulting, finance and advocacy. Since founding in 1985, they have formed numerous partnerships with the public, nonprofit and private sectors in efforts to build and sustain strong neighborhoods and communities. The Partnership will be responsible for the rehabilitation of five single family homes, the construction of one new home, and the provision of down payment and closing cost assistance. All activities assisted must benefit low to moderate income households, which include individuals at 80% of the adjusted median income or below. At least 30% of the total grant funding must benefit households with incomes ≤50% of median income. Fifty percent of all grant funds must be expended by 12/31/2012 and 100% of grant funds must be expended by 12/31/2013. The Partnership currently has three properties under construction though the NSP III grant. One of the properties that the Partnership has substantially completed is located at 410 Johnson. The parcel adjoins 404 Johnson Street (see map). Because of the odd shape of the lot located at 404 Johnson and the opportunity to improve a NSP III project by providing a larger yard for the property, staff feels 2 that it is in the best interest to convey the lot located at 404 Johnson to The Wisconsin Partnership for Housing Development, Inc. The two parcels will be combined and sold to an income eligible household per the NSP III regulations. Analysis  The property located at 404 Johnson Street is currently being maintained as a vacant City Lot. Conveying the property will eliminate any ongoing maintenance costs.  The Wisconsin Partnership for Housing Development is nearing completion of a complete rehabilitation of the home located at the adjoining parcel located at 410 Johnson Street  The vacant lot at 404 Johnson Street is of an odd configuration and is not a desirable building site.  The combination of the parcels at 404 and 410 Johnson will improve a NSP III project. cc: Eric J. Levitt, City Manager Jay Winzenz, Director of Administration / Assistant City Manager 3 RESOLUTION NO. 2012-905 A resolution authorizing the City Manager to proceed with the conveyance of property located at 404 Johnson Street to The Wisconsin Partnership for Housing Development. WHEREAS, the City of Janesville owns the following described parcel: ROCKPORT ADD. LOT 1-2 W.OF HIGH ST. BLK.2 JC6006565 WHEREAS , The City of Janesville acquired the property located at 404 Johnson in November 2009, through the General Fund Blight Elimination Program; and WHEREAS, The City of Janesville has demolished the two family structure that was built on the site; and WHEREAS, The City of Janesville has entered into an agreement with The Wisconsin Partnership for Housing Development, Inc. for development under the Neighborhood Stabilization Program III grant; and WHEREAS, The Wisconsin Partnership for Housing Development has acquired and rehabilitated the adjoining property at 410 Johnson under the Neighborhood Stabilization Program III grant ; and WHEREAS, The property located at 404 Johnson is of an odd shape and not conducive to redevelopment: and, WHEREAS, It is in the best interest of the City of Janesville to convey 404 Johnson to The Wisconsin Partnership for Housing Development for combination with 410 Johnson: and, WHEREAS, 410 Johnson and 404 Johnson will be sold to an income eligible party under the Neighborhood Stabilization III guidelines: and, NOW THEREFORE BE IT RESOLVED BY THE COMMON COUNCIL of the City of Janesville that it hereby authorizes and directs the City Manager and the City Clerk to execute on behalf of the City of Janesville, the conveyance of such property; and to negotiate and execute such documents, papers and forms as may from time to time be necessary and/or desirable to effectuate such transaction and the intent of this resolution as the City Manager may decide; and BE IT FURTHER RESOLVED that the City Manager is hereby authorized to take whatever other actions or to make whatever other minor changes that may be necessary to effectuate this land transaction. ADOPTED: Motion by: Second by: APPROVED: Councilmember Aye Nay Pass Absent Dongarra-Adams Eric J. Levitt, City Manager Farrell Kealy ATTEST: Liebert Severson Jean Ann Wulf, City Clerk-Treasurer Steeber Voskuil APPROVED AS TO FORM: City Attorney, Wald Klimczyk Proposed by: Neighborhood Services Prepared by: Neighborhood Development Specialist