VAPStat Joint Meeting

514 W. Liberty Street Louisville Metro Government Louisville, KY 40202 Agenda - Final VAPStat Joint Meeting Monday, March 11, 2019 3:00 PM Old Jail Auditorium MEETING CONDUCTED SOLELY FOR THE LANDBANK AUTHORITY. Welcome and Introductions Vacant and Abandoned Property Statistics Mar 11, 2019 LouieStat KPIs Attachments: VAPStat KPI Report 031119.pdf RVPPA Successes Louisville & Jefferson County Landbank Authority, Inc. Roll Call Approval of Minutes LBA Minutes of Feb 11, 2019 Attachments: VAPStat_JointMtg_LBA_Minutes_02_11_2019.docx New Business LBA Res 16, Series 2019 Location(s): 719 South 24th Street 40211 and 3150 Vermont Avenue 40211 Disposition Program: Last Look - Save the Structure and Last Look - Demo for Deed Sale Price: $1.00 per parcel Project Type: Rehabilitation of Single or Multi-Family Residences Project Timeframe: 18 months Case Manager: Linette Huelsman Restrictions: Standard restrictions set within the “Last Look” disposition program Summary: These properties are recommended to be approved for sale through the Last Look program. The properties will be sold to qualified applicants who will participate in either Save the Structure or Demo for Deed. Attachments: Resolution No. 16, Series 2019 - Last Look Dispositions 03112019.doc Louisville Metro Government Page 1 Printed on 3/11/2019 VAPStat Joint Meeting Agenda - Final March 11, 2019 LBA Res 17, Series 2019 Locations: Multiple Addresses Applicants: See Exhibit A of Resolution 17, Series 2019 Disposition Program: Cut It Keep It Sale Price: $500.00 per parcel Case Manager: Linette Huelsman Restrictions: Standard restrictions set within the “Cut It Keep It” disposition program. Summary: The Applicants are requesting to purchase LBA properties located on the same block as their current occupied residential/commercial structures. Attachments: Resolution No. 17, Series 2019 - Cut It Keep It Dispositions 03112019.doc LBA Res 18, Series 2019 Locations: 1709, 1711, 1715 1717, and 1719 West Market Street 40203 Applicant: Paraquel Capital, LLC Disposition Program: Solicitation of Interest - August 2018 Sale Price: $2,700.00 [$700.00 for one (1) parcel and $500.00 for four (4) parcels] Case Manager: Linette Huelsman Restrictions: 1. Applicant to obtain C2 zoning for an outdoor music venue and seating space. 2. Applicant to obtain all necessary approvals and permits to construct the outdoor event space. 3. Standard restrictions set within the “Budget Rate” disposition program. Summary: Applicant is requesting five (5) lots in order to create an outdoor seating area, music venue, and communal space for the building it has purchased at 1701-1703 West Market Street, formerly known as the “HUB”. The HUB will be renovated into a mixed-use building with a bookstore, coffee shop, full service restaurant and bar, and event venue. The lots were part of the August 2018 Market Street Solicitation of Interest (“SOI”). Staff is recommending approval of the sale on the condition Applicant obtains all necessary permits and zoning to build out the site. Attachments: Resolution No. 18, Series 2019 - 1709-1719 W Market St SOI Budget Rate.doc LBA Res 19, Series 2019 Location: 3117 West Jefferson Street 40212 Parcel ID: 008H-0159-0000 Applicant: Pamela E. Price Disposition Program: Adjacent Side Yard Sale Price: $1.00 Case Manager: Linette Huelsman Restrictions: Standard restrictions set within the Adjacent Side Yard disposition program. Summary: This Resolution is amending Resolution 13, Series 2019 as to the name of the Applicant. Pamela Price acquired the adjacent property at 3119 West Jefferson Street from Steven E. Price on January 15, 2019. Applicant is requesting to purchase this adjacent LBA lot through the Side Yard program. Attachments: Resolution No. 19, Series 2019 -3117 W Jefferson St Side Yard.doc LBA Res 20, Series 2019 Requestor: Louisville/Jefferson County Landbank Authority, Inc. Case Manager: Laura Grabowski, Director Summary: A Resolution authorizing the acceptance of property acquired by Louisville/Jefferson County Metro Government through bankruptcy sales. Attachments: Resolution No. 20, Series 2019 - Bankruptcy Acquisitions.doc Louisville Metro Government Page 2 Printed on 3/11/2019 VAPStat Joint Meeting Agenda - Final March 11, 2019 Old Business Announcements Adjournment Closing Remarks Louisville Metro Government Page 3 Printed on 3/11/2019