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HomeMy WebLinkAbout10671RESOLUTION NO. 10671 A RESOLUTION DECLARING CERTAIN VACANT LOTS SURPLUS TO THE CITY'S NEEDS AND AUTHORIZING TRANSFER OF SAME PURSUANT TO THE VACANT LOT RECYCLE PROGRAM FOR NEW HOME CONSTRUCTION BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that: SECTION 1. The City Council hereby finds and determines that the properties described on Attachment "A" hereto are surplus to the City's need; that said properties should be used to assist in the creation of affordable housing for low- and moderate - income persons; and that said properties should be returned to the tax rolls by reuse pursuant to the Vacant Lot Recycle Program established pursuant to Resolution No. 7521 and revised by Resolution No. 7584 of the City Council. SECTION 2. The President of the City Council is hereby authorized to execute, and the City Clerk to attest, a deed for each of the properties listed on Attachment "A" hereto to qualified persons in accordance with the provisions and requirements of the aforesaid Vacant Lot Recycle Program. INTRODUCED March 27, 2006 BY Randy Thurston Councilperson APPROVED: — , President of City Council ATTESTED BY: CITY CLERK • mnom Background Paper for Proposed RESOLUTION AGENDA ITEM # DATE: MARCH 27, 2006 DEPARTMENT OF HOUSING AND CITIZEN SERVICES /ADA RIVERA CLARK TITLE A RESOLUTION DECLARING CERTAIN VACANT LOTS SURPLUS TO THE CITY'S NEEDS AND AUTHORIZING TRANSFER OF SAME PURSUANT TO THE VACANT LOT RECYCLE PROGRAM FOR NEW HOME CONSTRUCTION ISSUE The City has acquired certain lots in the Bessemer and Eastside neighborhoods for the construction of single - family homes for low- to moderate - income families. The authorizing resolution requires City Council approval to transfer the properties included on Attachment "A" from the City's inventory to the Vacant Lot Recycle Program. Approve the resolution BACKGROUND The Vacant Lot Recycle Program was created through Council Resolution 7521 dated December 12, 1994 and revised through Council Resolution 7584 dated March 27, 1996. The program was developed to create affordable housing for the City's low- to moderate - income families using surplus property owned by the City. The City through the Housing Department exercised its certificate of purchase on four properties and has completed or will soon complete the quiet title process. One property, listed by parcel number, was part of the County's inventory and was transferred to the City for the Vacant Lot Recycle Program. These lots become part of the Vacant Lot Program and are provided free of charge to qualifying homebuyer's, as well as to non - profit and for - profit developers who will make them available to low -to moderate- income individuals. FINANCIAL IMPACT At present the City (Dept. of Housing) is responsible for maintaining the lots and funds have been spent for clearance (weeds, trash removal). Disposition of these properties would reduce costs of maintenance as well as returning the properties to the tax rolls. ATTACHMENT "A" ADDRESS 1115 Pine St 608 W. Arroyo Ave 614 W. Arroyo Ave Parcel No. 1512216008 1003 Catalpa St LEGAL Lot 21, Blk 43 Bessemer Lot D, Fishers Sub (Of Lots 1 to 4,Blk 42 Bessemer) Lot B, Fishers Sub (Of Lots 1 to 4,Blk 42 Bessemer) Lot 13 +N 11Ft6inof14 Blk 16 Lake Ave Add Lots 15 to 18, Blk T Bradford Place ACQUIRED DATE CITY FUNDS* Tax Deed 11/16/05 $9,168.98 Tax Deed 4/28/05 $4,069.78 Tax Deed 5/19/05 $6,578.40 County 8/9/05 $0 Donation Tax Deed 5/19/05 $10,758.06 *Funds spent per property are the result of demolition costs, title work, weed removal, and boarding up prior to demolition.