VAPStat Joint Meeting

514 W. Liberty Street Louisville Metro Government Louisville, KY 40202 Agenda - Final VAPStat Joint Meeting Monday, April 8, 2019 3:00 PM Old Jail Auditorium MEETING CONDUCTED SOLELY FOR THE LANDBANK AUTHORITY. Welcome and Introductions Vacant and Abandoned Property Statistics Apr 8, 2019 LouieStat KPIs Attachments: VAPStat KPI Report 040819.pdf RVPPA Successes Louisville & Jefferson County Landbank Authority, Inc. Roll Call Approval of Minutes LBA Minutes of March 11, 2019 Attachments: VAPStat_JointMtg_LBA_Minutes_03_11_2019.docx New Business Louisville Metro Government Page 1 Printed on 4/4/2019 VAPStat Joint Meeting Agenda - Final April 8, 2019 LBA Res 21, Series 2019 Locations: 1707 West Market Street 40203 Applicant: Paraquel Capital, LLC Disposition Program: Budget Rate Policy for Agricultural/New Construction Projects Project Type: Outdoor Event Space Project Timeframe: 6 months Sale Price: $500.00 Funding Source: Private Funds 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 this lot 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. LBA acquired the lot through Metro foreclosure. 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. 21, Series 2019 - 1707 W Market St Paraquel Capital Budget Rate.doc LBA Res 22, Series 2019 Locations: 1826 Lytle Street 40203 and 1829 Lytle Street 40203 Parcel IDs: 015G-0041-0000 and 015G-0068-0000 Applicant: Habitat for Humanity of Metro Louisville, Inc. (“HFH”) Disposition Program: Budget Rate Policy for Agricultural/New Construction Projects Sale Price: $2.00 ($1.00 per parcel as Applicant is using Louisville Metro funding) Project Type: Single-Family New Construction Project Timeframe: 18 months Funding Source: Affordable Housing Trust Fund Case Manager: Linette Huelsman Summary: HFH is requesting to purchase these properties to construct single-family residences. The Applicant has shown proof of funds for the purchase and development of each property and is compliant with the City, owing no delinquent taxes or unpaid code enforcement fines/liens. Attachments: Resolution No. 22, Series 2019- 1826 & 1829 Lytle St HFH Budget Rate.doc LBA Res 23, Series 2019 Locations: See Exhibit A of Resolution 23, 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: These Russell Neighborhood properties are recommended to be approved for sale through the Cut It Keep It program to qualified applicants who own occupied, residential/commercial structures on the same block as current LBA lots. RVPPA staff have identified potential applicants in good standing with Louisville Metro to receive a targeted mailer advertising the available lots identified in Exhibit A of Resolution 23, Series 2019. Attachments: Resolution No. 23, Series 2019 - Cut It Keep It Mailer 04082019.doc Louisville Metro Government Page 2 Printed on 4/4/2019 VAPStat Joint Meeting Agenda - Final April 8, 2019 LBA Res 24, Series 2019 Location(s): See Exhibit A of Resolution 24, Series 2019 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. 24, Series 2019 - Last Look Dispositions 04082019.doc LBA Res 25, Series 2019 Location: 2614 West Main Street 40212 Parcel ID: 003J-0160-0000 Applicant: Amelia Pillow Disposition Program: Cut It Keep It Sale Price: $500.00 Case Manager: Linette Huelsman Restrictions: Standard restrictions set within the “Cut It Keep It” disposition program. Summary: The Applicant is requesting to purchase an LBA property located on the same block as her current occupied residential/commercial structure. Attachments: Resolution No. 25, Series 2019 - Cut It Keep It Disposition 04082019.doc Old Business Announcements Adjournment Closing Remarks Louisville Metro Government Page 3 Printed on 4/4/2019