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VAPStat Joint Meeting

Regular Meeting

Louisville, KY · November 18, 2019

Agenda

Agenda

514 W. Liberty Street Louisville Metro Government Louisville, KY 40202 Agenda - Final VAPStat Joint Meeting Monday, November 18, 2019 3:00 PM 1st Floor Conference Room, Metro Development Center SPECIAL MEETING CALLED BY THE LANDBANK AUTHORITY. Welcome and Introductions Vacant and Abandoned Property Statistics Nov 18, 2019 LouieStat KPIs Attachments: VAPStat KPI Report 111819.pdf VAP Successes Louisville & Jefferson County Landbank Authority, Inc. Roll Call Approval of Minutes LBA Minutes of Oct 17, 2019 Attachments: VAPStat_JointMtg_LBA_Minutes_10_17_2019.docx New Business LBA Res 48, Series 2019 Location(s): See Exhibit A of Resolution 48, Series 2019 Disposition Program: Last Look - Save the Structure and Last Look - Demo for Deed Sale Price: $1.00 per parcel Project Type: Rehabilitation or Demolition of Single, Multi-Family, and/or Commercial Structures Project Timeframe: 18 months for Save the Structure and 45 days for Demo for Deed 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. 48, Series 2019 - Last Look Dispositions 11182019.doc Louisville Metro Government Page 1 Printed on 11/13/2019 VAPStat Joint Meeting Agenda - Final November 18, 2019 LBA Res 49, Series 2019 Location(s): 1633 Maple Street 40210 and 1635 West Oak Street 40210 Parcel IDs: 036D-0155-0000 and 037F-0056-0000 Applicant(s): New Directions Housing Corporation and Keith E. Whitfield 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: Applicants are requesting to purchase an adjacent LBA lot through the Side Yard program. Attachments: Resolution No. 49, Series 2019 - Side Yard Dispositions 11182019.doc LBA Res 50, Series 2019 Location: 714 South 36th Street 40211 Parcel ID: 043F-0154-0000 Applicant: L1C4 Properties, LLC Disposition Program: Request for Proposals Sale Price: $250.00 Project Type: Rehabilitation of Single-Family Residence Project Timeframe: Six (6) months or less Funding Source: Private Funds Case Manager: Linette Huelsman Restrictions: Standard restrictions set within the “Request for Proposals” disposition program. Summary: L1C4 Properties, LLC is the winning applicant for the property located at 714 South 36th Street, offered through the Landbank’s October 2019 RFP program. Applicant plans to spend $59,785 to rehab the property and then rent to a qualified tenant. Proof of funds for the sale price and rehab costs have been submitted by the compliant Applicant, owing no delinquent taxes or unpaid code enforcement fines/liens. Attachments: Resolution No. 50, Series 2019 - 714 S 36th St RFP.doc LBA Res 51, Series 2019 Location: 3405 Niantic Court 40211 Parcel ID: 049B-0266-0009 Applicant: Richard Lamont Jones Disposition Program: Request for Proposals Sale Price: $3,000.00 Project Type: Rehabilitation of Single-Family Residence Project Timeframe: Six (6) months or less Funding Source: Private Funds Case Manager: Linette Huelsman Restrictions: Standard restrictions set within the “Request for Proposals” disposition program. Summary: Richard Lamont Jones is the winning applicant for the property located at 3405 Niantic Court, offered through the Landbank’s October 2019 RFP program. Applicant plans to spend $44,750 to rehab the property and become its owner-occupant. Proof of funds for the sale price and rehab costs have been submitted by the compliant Applicant, owing no delinquent taxes or unpaid code enforcement fines/liens. Attachments: Resolution No. 51, Series 2019 - 3405 Niantic Ct RFP.doc Louisville Metro Government Page 2 Printed on 11/13/2019 VAPStat Joint Meeting Agenda - Final November 18, 2019 LBA Res 52, Series 2019 Location: 1537 South 35th Street 40211 Parcel ID: 049B-0180-0080 Applicant: Ludia L. Vickers Disposition Program: Request for Proposals Sale Price: $2,501.00 Project Type: Rehabilitation of Single-Family Residence Project Timeframe: Six (6) months or less Funding Source: Private Funds Case Manager: Linette Huelsman Restrictions: Standard restrictions set within the “Request for Proposals” disposition program. Summary: Ludia L. Vickers is the winning applicant for the property located at 1537 South 35th Street, offered through the Landbank’s October 2019 RFP program. Applicant plans to spend $36,550 to rehab the property and become its owner-occupant. Proof of funds for the sale price and rehab costs have been submitted by the compliant Applicant, owing no delinquent taxes or unpaid code enforcement fines/liens. Attachments: Resolution No. 52, Series 2019 - 1537 S 35th St RFP.doc LBA Res 53, Series 2019 Location: 1785 Bolling Avenue 40210 Parcel ID: 041F-0172-0000 Applicant: Legacy Real Estate Investments, LLC Disposition Program: Request for Proposals Sale Price: $3,000.00 Project Type: Rehabilitation of Single-Family Residence Project Timeframe: Six (6) months or less Funding Source: Private Funds Case Manager: Linette Huelsman Restrictions: Standard restrictions set within the “Request for Proposals” disposition program. Summary: Legacy Real Estate Investments, LLC is the winning applicant for the property located at 1785 Bolling Avenue, offered through the Landbank’s October 2019 RFP program. Applicant plans to spend $27,600 to rehab the structure and then sell or lease it. Proof of funds for the sale price and rehab costs have been submitted by the compliant Applicant, owing no delinquent taxes or unpaid code enforcement fines/liens. Attachments: Resolution No. 53, Series 2019 - 1785 Bolling Ave RFP.doc Louisville Metro Government Page 3 Printed on 11/13/2019 VAPStat Joint Meeting Agenda - Final November 18, 2019 LBA Res 54, Series 2019 Location: 2210 Grand Avenue 40210 Parcel ID: 038E-0067-0000 Applicant: Anthony English-Bey Disposition Program: Special Disposition Sale Price: $3,051.56 Project Type: Rehabilitation of Single-Family Residence Project Timeframe: Six (6) months or less Funding Source: Private Funds Case Manager: Linette Huelsman Restrictions: Standard restrictions set for the renovation of a single-family residence. Summary: The property located at 2210 Grand Avenue was acquired at a Metro foreclosure sale on July 5, 2019. However, the Applicant and son of the former deceased owner has completed major renovations to the structure. The Applicant plans to be an owner-occupant as he does not own any other property in Jefferson County, KY. The sale price is based on the costs incurred by Louisville Metro to acquire the property. Attachments: Resolution No. 54, Series 2019 - 2210 Grand Ave Sale.doc Announcements Adjournment Closing Remarks Louisville Metro Government Page 4 Printed on 11/13/2019