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VAPStat Joint Meeting

Regular Meeting

Louisville, KY · January 13, 2020

Agenda

Agenda

514 W. Liberty Street Louisville Metro Government Louisville, KY 40202 Agenda - Final VAPStat Joint Meeting Monday, January 13, 2020 3:00 PM 1st Floor Conference Room, Metro Development Center Welcome and Introductions Vacant and Abandoned Property Statistics Jan 13, 2020 LouieStat KPIs Attachments: VAPStat KPI Report 1.13.20.pdf Louisville & Jefferson County Landbank Authority, Inc. Roll Call Approval of Minutes LBA Minutes of Nov 18, 2019 Attachments: VAPStat_JointMtg_LBA_Minutes_11_18_2019.docx New Business LBA Res 1, Series 2020 Location(s): See Exhibit A of Resolution 1, Series 2020 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. 1, Series 2020 - Last Look Dispositions 01142020.doc Louisville Metro Government Page 1 Printed on 1/9/2020 VAPStat Joint Meeting Agenda - Final January 13, 2020 LBA Res 2, Series 2020 Location(s): 3132 West Jefferson Street 40212 and 2030 West Market Street 40203 Parcel IDs: 008H-0105-0000 and 002E-0098-0000 Applicant(s): Kendra Ferguson and Coral Holdings, LLC 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. 2, Series 2020 - Side Yard Dispositions 01132020.doc LBA Res 3, Series 2020 Locations: 613 North 32nd Street 40212; 127 Dr. W. J. Hodge Street 40203; and 2740 West Main Street 40212 Parcel IDs: 012G-0003-0000, 003M-0001-0000, and 003J-0139-0000 Applicants: Cindy Calvelo, Coral Holdings, LLC, and William Perks 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 an LBA property located on the same block as their current occupied residential/commercial structure. Attachments: Resolution No. 3, Series 2020 - Cut It Keep It Dispositions 01132020.doc LBA Res 4, Series 2020 Location: 1537 South 35th Street 40211 Parcel ID: 049B-0180-0080 Applicant: Jump Start Realty & Development, 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: Ludia L. Vickers was approved through Resolution 52, Series 2019 to purchase the property located at 1537 South 35th Street on November 18, 2019. Unfortunately, she has since withdrawn her application to purchase. Jump Start Realty & Development, LLC, the applicant with the second highest score in the October 2019 Request for Proposals, would like to move forward with the acquisition. Applicant plans to spend $48,500 to rehab the property and 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. 4, Series 2020 - 1537 S 35th St RFP.doc Louisville Metro Government Page 2 Printed on 1/9/2020 VAPStat Joint Meeting Agenda - Final January 13, 2020 LBA Res 5, Series 2020 Location: 3235 Northwestern Parkway 40212 Parcel ID: 012G-0037-0000 Applicant: Portland Pilot Properties, LLC Disposition Program: Request for Proposals Sale Price: $4,500.00 Project Type: Rehabilitation of Multi-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: Portland Pilot Properties, LLC is the winning applicant for the property located at 3235 Northwestern Parkway, offered through the Landbank’s December 2019 RFP program. Applicant plans to spend $84,000 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. 5, Series 2020 - 3235 Northwestern Pkwy RFP.doc LBA Res 6, Series 2020 Location: 832 Hazel Street 40211 Parcel ID: 043H-0160-0000 Applicant: Sparrow Waterhouse, Inc. Disposition Program: Request for Proposals Sale Price: $3,251.51 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: Sparrow Waterhouse, Inc. is the winning applicant for the property located at 832 Hazel Street, offered through the Landbank’s December 2019 RFP program. Applicant plans to spend $55,000 to rehab the property and sell it to a qualified buyer. 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. 6, Series 2020 - 832 Hazel St RFP.doc Louisville Metro Government Page 3 Printed on 1/9/2020 VAPStat Joint Meeting Agenda - Final January 13, 2020 LBA Res 7, Series 2020 Location: 674 South 41 Street 40211 Parcel ID: 006E-0137-0000 Applicant: Wake, Pray, Grind, LLC Disposition Program: Request for Proposals Sale Price: $3,000.00 Project Type: Rehabilitation of Single-Family Residence Project Timeframe: Thirteen (13) months or less Funding Source: Private Funds Case Manager: Linette Huelsman Restrictions: Standard restrictions set within the “Request for Proposals” disposition program. Summary: Wake, Pray, Grind, LLC is the winning applicant for the property located at 674 South 41 Street, offered through the Landbank’s December 2019 RFP program. Applicant plans to spend $65,500 to rehab the structure and then rent it 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. 7, Series 2020 - 674 S 41st St RFP.doc LBA Res 8, Series 2020 Location: 3122 West Kentucky Street 40211 Parcel ID: 046C-0031-0000 Applicant: Akbar Enterprises, LLC Disposition Program: Request for Proposals Sale Price: $1,650.00 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: Akbar Enterprises, LLC is the winning applicant for the property located at 3122 West Kentucky Street, offered through the Landbank’s December 2019 RFP program. Applicant plans to spend $39,900 to rehab the structure and then sell to a qualified buyer. 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. 8, Series 2020 - 3122 W Kentucky St RFP.doc Old Business Announcements Adjournment Urban Renewal and Community Development Agency of Louisville Swearing In of New Member Roll Call Louisville Metro Government Page 4 Printed on 1/9/2020 VAPStat Joint Meeting Agenda - Final January 13, 2020 Approval of Minutes URC Minutes of Dec 9, 2019 Attachments: VAPStat_JointMtg_URC_Minutes_12_09_2019.docx Old Business URC Res 1, Series 2019 Locations: 2010 West Chestnut Street 40203 and 2012 West Chestnut Street 40203 Parcel IDs: 001D-0047-0000 and 001D-0046-0000 Applicant: Ronrico Williams Appraised Value: $2,500.00 per parcel Project Type: Single-Family New Construction Project Timeframe: 18 months Funding Source: Private Funds Sale Price: $2,000.00 ($1,000.00 per parcel) Restrictions: Standard New Construction Restrictions Case Manager: Linette Huelsman Summary: Applicant 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 1, Series 2019 - 2010 & 2012 W Chestnut St to R Williams.doc URC Res 8, Series 2019 Location: 1907 Cedar Street 40203 Parcel ID: 002M-0015-0000 Applicant: REBOUND, Inc. Case Manager: Linette Huelsman, Real Estate Coordinator Summary: Applicant is requesting to extend their construction deadline to December 31, 2021 which amends its construction deadline previously approved via Resolution 10, Series 2016. Attachments: Resolution 8, Series 2019 - 1907 Cedar St REBOUND Construction Date Deadline.doc New Business Announcements Adjournment Closing Remarks Louisville Metro Government Page 5 Printed on 1/9/2020