VAPStat Joint Meeting

514 W. Liberty Street Louisville Metro Government Louisville, KY 40202 Minutes VAPStat Joint Meeting Monday, August 10, 2015 3:00 PM Old Jail Auditorium Welcome and Introductions Jeana Dunlap opened the joint business meeting by welcoming the audience and persons streaming the meeting live. Vacant and Abandoned Property Statistics Louisville & Jefferson County Landbank Authority, Inc.- Special Meeting Roll Call - Establish Quorum Chairperson Bill Schreck called the 8/10/2015 meeting to order at 3:40 p.m. Members Present: Franklin Jones and ishmon Burks Announcements Approval of Minutes June 25, 2015 minutes were unanimously approved. There were not minutes to approve on July 13, 2015 due to lack of quorum. Old Business The by-laws were unanimously approved. Resolution Number Resolution 14, Series 2015 Request: Side Yard Purchase Project Name: N/A Location: 1731, 1733, 1733-R Gallagher St. Neighborhood: California Applicant: Paul Vincent Project Area/Size: 1731-0.04ac, 1733-0.04ac, 1733 R-0.02ac PVA Value: 1731 -$2140, 1733-$490, 1733-R-$0 Sale Price: $3.00 Council District: 6-David James Case Manager: Linette Huelsman, Real Estate Coordinator Linette Huelsman presented Resolution 14, Series 2015 for Mr. Paul Vincent. The applicant would like to purchase the lots at 1731, 1733 and 1733 R Gallagher St. for use as a side yard. The lots would be consolidated with his Louisville Metro Government Page 1 VAPStat Joint Meeting Minutes August 10, 2015 adjoining property. Mr. Vincent provided the deed showing he is the owner the adjacent property. The lots have been in the Landbank for a combined total of 51 years. Resolution 14, Series 2015 was unanimously approved. Resolution Number Resolution 15, Series 2015 Request: Commercial Purchase Project Name: Opportunity Corner Location: 1327-1329 Dixie Highway Neighborhood: Park Hill Applicant: Canaan Community Development Corporation Project Area/Size: 1327 (3900 sq. ft.) /1329 (5100 sq. ft.) PVA Value: 1327 ($5,100) /1329 ($6,000) Sale Price: 1327 ($500) / 1329 ($1000) Council District: 6-David James Case Manager: Joshua Watkins, Real Estate Coordinator Joshua Watkins presented Resolution 15, Series 2015 on behalf of Canaan Community Development Corporation (CCDC). The applicant would like to purchase two lots located at 1327 & 1329 Dixie Hwy for a community enrichment project entitled “Opportunity Corner”. The subject lots are 3900 sq. ft. (1327) & 5100 sq. ft. (1329) respectively located in the Park Hill neighborhood. The Land Bank Authority acquired these lots through Commissioner Sale in 1995 and they have been in the sales inventory for 20 years. Kathy Brent, a representative from Canaan Community Development Corporation (CCDC) was present and briefly gave the board a description of their proposal. The board members amended Resolution 15, Series 2015 as follows: Approved a lease agreement with an option to purchase.Full funding must be obtained within 6 months. At that time if funding is secured, CCDC can exercise the option to have the property conveyed to CCDC. Construction on the property will not commence until full funding is obtained. In the event the property will need to be returned to the Landbank it must return in its original condition. The amended Resolution 15, Series 2015 was approved. New Business Resolution Number Resolution 16, Series 2015 Request: Single Family Purchase Project Name: N/A Location: 2110 Burwell Avenue Neighborhood: Algonquin Applicant: Kentucky Equity, LLC Louisville Metro Government Page 2 VAPStat Joint Meeting Minutes August 10, 2015 Project Area/Size: 5,956 sq. ft. PVA Value: $30,830.00 Sale Price: $5,500.00 Council District: 3- Mary Woolridge Case Manager: Joshua Watkins, Real Estate Coordinator Joshua Watkins represented Resolution 16, Series 2015 on behalf of Kentucky Equity, LLC. The applicant requests approval to purchase the single family home located at 2110 Burwell Ave to renovate and sell or use for rental purposes. The proposal was submitted through the Land Bank Authority’s June 2015 Request for Proposals. The property was acquired through REO-donation from Wells Fargo Bank at no cost to Metro and has been in the sales inventory for (9) months. Resolution 16, Series 2015 was approved unanimously. Resolution Number Resolution 17, Series 2015 Request: Single Family Purchase Project Name: N/A Location: 1743 W Kentucky St. Neighborhood: California Applicant: Kenneth Lamont Harper, Jr. Project Area/Size: 1025 sq. ft. (structure) PVA Value: $22,430.00 Sale Price: $2,575.00 Council District: 6- David James Case Manager: Linette Huelsman, Real Estate Coordinator Linette Huelsman presented Resolution 17, Series 2015 on behlaf of Kenneth Harper, Jr. The applicant is requesting to purchase the home at 1743 W Kentucky St. to renovate and use for rental purposes. The buyer submitted a proposal through the June 2015 RFP process. The property was acquired through donation from Wells Fargo Bank at no cost to Metro, and has been in the sales inventory for 9 months. Mr. Harper was present at the meeting and noted that he does not have labor cost included in his estimate because he has family members that are licensed to do plumbing, electrical work, etc. He also informed the board that he plans on renting the property or possible selling it in the near future. Bill Schreck requested the resolution to be amended to reflect the following: Section 1: If the project is not complete within 6 months the property returns to the Landbank. Section 2.Correct the typo. Latondra Yates stated she would make those revisions to the resolution. Resolution 17, Series 2015 as amended was approve unanimously. Louisville Metro Government Page 3 VAPStat Joint Meeting Minutes August 10, 2015 Resolution Number Resolution 18, Series 2015 Request: Single Family Residential Development Location: 1909 and 1911 Cedar Street Applicant: REBOUND Case Manager: Jeana Dunlap Jeana Dunlap presented Resolution 18, Series 2015 on behalf of REBOUND. Louisville Metro is working with REBOUND to build out the site at Cedar Street between 19th and 20th. The applicant plans to construct single family homes. Resolution 18, Series 2015 was unanimously approved. Adjournment The meeting was adjourned at 4:55 p.m. Urban Renewal and Community Development Agency of Louisville This meeting did not take commence due to lack of quorum. Roll Call - Establish Quorum Announcements Approval of Minutes Old Business New Business Resolution Number Resolution 2, Series 2015 Request: Conveys 1907 Cedar Street Applicant: REBOUND Resolution Number Resolution 3, Series 2015 Request: Conveyance of 27 parcels for single family residential development Applicant: Community Ventures Corporation (CVC) Resolution Number Resolution 4, Series 2015 Request: Preferred Developer Status for the 8 parcels identified by Community Ventures Corporation (CVC) for future mixed-use development Applicant: Community Ventures Corporation (CVC) Louisville Metro Government Page 4 VAPStat Joint Meeting Minutes August 10, 2015 Adjournment Vacant Property Review Commission This meeting did not take commence due to lack of quorum. Roll Call - Establish Quorum Approval of Minutes moratorium Announcements Old Business New Business Adjournment Hopper Items Closing Remarks Louisville Metro Government Page 5