HomeMy Public PortalAbout005-2012 - APPROVING SALE of certain NSP proBOARD OF PUBLIC WORKS & SAFETY
CITY OF RICHMOND, INDIANA
RESOLUTION NO. 5 -2012
A RESOLUTION TO APPROVE OF THE DISPOSAL OF REAL PROPERTY
LOCATED IN NEIGHBORHOOD STABILIZATION PROGRAM (NSP) AREA
(VAIL,E NEIGHBORHOOD) RICHMOND, INDIANA
WHEREAS, The Board of Public Works and Safety ( "Board ") is the disposing agent
for real property owned and to be transferred or acquired by the City of
Richmond, Indiana ( "City ") pursuant to the provisions of Indiana Code
(IC) 3 6 -1 -11, et. seq. (the "Act "); and
WHEREAS, The City of Richmond previously acquired certain properties located in
the geographic area known as the Neighborhood Stabilization Program
(NSP) area, and more commonly known as the Vaile neighborhood, and
has completed the rehabilitation of existing structures and new builds on
vacant lots pursuant to NSP grant Guidelines; and
WHEREAS, On August 15, 2011, the Common Council of the City of Richmond,
Indiana by Ordinance Number 49 -2011, which Ordinance is incorporated
herein by reference, approved the NSP Guidelines governing the sale of
the NSP properties and authorized the Board of Works to conduct any
required public hearings prior to the transfer of the properties; and
WHEREAS, The public hearing for the sale of certain NSP properties as required by IC
36- 1 -11 -3 was conducted on March 1, 2012, and the notice of public
hearing was published on February 20, 2012, in accordance with IC 5-3-1 -
2(b), and the proof of publication for said hearing is attached hereto as
Exhibit "A "; and
WHEREAS, It is in the best interest of the City of Richmond that the Board of Public
Works and Safety approve of the disposals and conveyances of the NSP
real properties that were the subject of the above - referenced required
public hearing to eligible households in accordance with federal NSP
Guidelines and, by this Resolution, notify the Mayor of the Board's
recommendation herein; and
WHEREAS, To comply with the federal NSP requirements, each of the real properties
must be sold at a price less than or equal to their respective capped
amounts as set forth in the Housing Economic Recovery Act of 2008 (Pub.
L. 110 -289, approved July 30, 2008); and
WHEREAS, It is in the best interest of the City of Richmond that the Department of
Metropolitan Development and City of Richmond support staff proceed
with the disposition activities required by both federal NSP requirements
and Indiana Code including, but not limited to, obtaining appraisals,
marketing, and the publication of the notice of the sale of the NSP real
properties in order that the properties maybe sold to eligible households.
NOW, THEREFORE, BE IT RESOLVED by the Board of Public Works and Safety of
Richmond, Indiana, that said Board, having previously conducted the public hearing as
required by IC 36- 1 -11 -3, hereby approves of the disposal of the real properties pursuant
to the NSP Guidelines and pursuant to the NSP Disposition Procedures previously
approved by the Common Council of the City of Richmond, Indiana, which properties
are located at the following addresses in Richmond, Indiana:
a. 819 South 7th Street
b. 626 South 8th Street
C. 829 South 9th Street
d. 123 South 10th Street
e. 215 South 10th Street
f. 219 South 10th Street
g. 222 South 10th Street
h. 136 South 11th Street
NOW, THEREFORE, BE IT FURTHER RESOLVED by the Board of Public Works and
Safety of Richmond, Indiana, that said Board, pursuant to Indiana Code 36- 1 -11 -3,
recommends to the Mayor of the City of Richmond that the above - listed properties be
approved for conveyance in accordance with the NSP Guidelines in order that the
Department of Metropolitan Development and the City administration may commence
with conducting disposition activities including, but not limited to, obtaining appraisals,
marketing, and the publication of the notice of sale of the above properties in accordance
with IC 36- 1 -11 -4, in order that the Department of Metropolitan Development may begin
receiving of offers from eligible households pursuant to NSP Guidelines.
NOW, THEREFORE, BE IT FURTHER RESOLVED by the Board of Public Works and
Safety of Richmond, Indiana, that each of the above properties be sold at a price less than
or equal to their respective capped amounts which shall be, for each property, equal to or
less than the cost to acquire and redevelop or rehabilitate such home or property up to a
decent, safe, and habitable condition plus transaction (escrow and title) costs and carrying
costs, which shall include but not be limited to taxes, insurance, maintenance, marketing,
overhead, and interest, pursuant to the NSP federal requirements.
NOW, THEREFORE, BE IT FURTHER RESOLVED by the Board of Public Works and
Safety of Richmond, Indiana, that the Mayor, the Director of the Department of
Metropolitan Development, the Director of the Department of Finance, the Deputy
Director of the Department of Finance, the Community Development Specialist, the
President of the Board of Public Works and Safety, the City Attorney, and /or the
Assistant City Attorney be authorized to sign and /or take all other action necessary
including but not limited to, signing any and all documents required to effectuate the
conveyance and transfer of the above - listed real estate in accordance with federal NSP
provisions.
Passed and adopted this _ 1 st
Public Works & Safety.
day of _ March
2012, by the Board of
S/S Vicki Robinson
Vicki Robinson, President
S/S Dian Lawson
Dian Lawson, Member
_ S /S Anthony L. Foster, II
Anthony L. Foster, 11, Member
By:_ /S Sarah L. Hutton Mayor
(Sarah L. Hutton)