VAPStat Joint Meeting

514 W. Liberty Street Louisville Metro Government Louisville, KY 40202 Agenda - Final VAPStat Joint Meeting Monday, March 9, 2020 3:00 PM Old Jail Auditorium MEETING CONDUCTED SOLELY FOR THE LANDBANK AUTHORITY. Welcome and Introductions Vacant and Abandoned Property Statistics Mar 9, 2020 LouieStat KPIs Attachments: VAPStat KPI Report 3.9.20.pdf VAP Successes Louisville & Jefferson County Landbank Authority, Inc. Roll Call Approval of Minutes LBA Minutes of Feb 10, 2020 Attachments: VAPStat_JointMtg_LBA_Minutes_02_10_2020.docx New Business LBA Res 18, Series 2020 Location(s): See Exhibit A of Resolution 18, Series 2020 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 and Commercial Structures 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. 18, Series 2020 - Last Look Dispositions 03092020.doc Louisville Metro Government Page 1 Printed on 3/6/2020 VAPStat Joint Meeting Agenda - Final March 9, 2020 LBA Res 19, Series 2020 Location(s): See Exhibit A of Resolution 19, Series 2020 Applicant(s): See Exhibit A of Resolution 19, Series 2020 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. 19, Series 2020 - Side Yard Dispositions 03092020.doc LBA Res 20, Series 2020 Locations: 2016 Standard Avenue, 2018 Standard Avenue, and 2022 Standard Avenue 40210 Parcel IDs 041C-0192-0000, 041C-0191-0000, and 041C-0190-0000 Applicant: Juan Hunter Disposition Program: Budget Rate Policy for Agricultural/New Construction Projects Project Type: Commercial Building to Use as a Restaurant Project Timeframe: 18 months Sale Price: $2,000.00 ($1,000.00 for 2016 Standard Avenue and $500.00 each for 2018 and 2022 Standard Avenue) Funding Source: Private Funds Case Manager: Linette Huelsman Restrictions: Standard restrictions set within the “Budget Rate” disposition program. Summary: Applicant is requesting the above lots to construct a commercial building for a restaurant. Proof of funds for the sale price and estimated development costs of $150,000.00 have been submitted by the compliant Applicant, owing no delinquent taxes or unpaid code enforcement fines/liens. Attachments: Resolution No. 20 Series 2020 - Standard Ave (3 Parcels) Budget Rate.doc LBA Res 21, Series 2020 Locations: 300 North 17th Street, 1916 Portland Avenue, and 1918 Portland Avenue 40203 Parcel IDs: 015F-0230-0000, 004E-0176-0000 and 004E-0175-0000 Applicant: Grapevine Properties, LLC Disposition Program: Budget Rate Policy for Agricultural/New Construction Projects Project Type: Single-Family Residences Project Timeframe: 18 months for each structure Sale Price: $500.00 per parcel Funding Source: Private Funds Case Manager: Linette Huelsman Restrictions: Standard restrictions set within the “Budget Rate” disposition program. Summary: Applicant is requesting the above lots to construct single-family residences on each parcel. Proof of funds for the sale price and estimated development costs of $300,000.00 have been submitted by the compliant Applicant, owing no delinquent taxes or unpaid code enforcement fines/liens. Attachments: Resolution No. 21 Series 2020 - Grapevine Properties Budget Rate.doc Louisville Metro Government Page 2 Printed on 3/6/2020 VAPStat Joint Meeting Agenda - Final March 9, 2020 LBA Res 22, Series 2020 Locations: 2617 West Chestnut Street and 2619 West Chestnut Street 40211 Parcel IDs: 001B-0058-0000 and 001B-0057-0000 Applicant: Summerfield Properties, LLC Disposition Program: Budget Rate Policy for Agricultural/New Construction Projects Project Type: Single-Family Residences Project Timeframe: 18 months for each structure Sale Price: $500.00 per parcel Funding Source: Private Funds Case Manager: Linette Huelsman Restrictions: Standard restrictions set within the “Budget Rate” disposition program. Summary: Applicant is requesting the above lots to construct single-family residences on each parcel. Proof of funds for the sale price and estimated development costs of $120,418.00 for each structure have been submitted by the compliant Applicant, owing no delinquent taxes or unpaid code enforcement fines/liens. Attachments: Resolution No. 22 Series 2020 - 2617-2619 W Chestnut St Budget Rate.doc LBA Res 23, Series 2020 Locations: 2606 West Kentucky Street 40211 and 1830 Lytle Street 40203 Applicants: Kenneth Bailey and Yutani, LLC 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. 23, Series 2020 - Cut It Keep It Dispositions 03092020.doc LBA Res 24, Series 2020 Requestor: Office of Community Development Disposition Program: Budget Rate and Flex Rate Policies for Agricultural and New Construction Projects Case Manager: Linette Huelsman Summary: The Office of Community Development is requesting approval to modify the Real Estate Disposition Programs of the Louisville and Jefferson County Landbank Authority, Inc. to separate and codify its basic policies for Agricultural Projects currently set out within the “Budget Rate and Flex Rate Policies for Agricultural and New Construction Projects”. Attachments: Resolution No. 24 Series 2020- Real Estate Disposition Programs & Pricing Policy (Gardens).doc Old Business Announcements Adjournment Closing Remarks Louisville Metro Government Page 3 Printed on 3/6/2020