HomeMy Public PortalAbout008-2012 - Resolution to purchase real estaBOARD OF PUBLIC WORKS & SAFETY
CITY OF RICHMOND, INDIANA
RESOLUTION NO. 8 -2012
A RESOLUTION TO PURCHASE REAL ESTATE LOCATED IN NSP -3 AREA (VAILE
NEIGHBORHOOD) RICHMOND, INDIANA
WHEREAS, The City of Richmond is the recipient of a Two Million Dollar ($2,000,000)
Neighborhood Stabilization Grant (NSP -3) from the Indiana Housing and
Community Development Authority; and
WHEREAS, The City of Richmond wishes to acquire certain properties located in the
geographic area known as the Neighborhood Stabilization Program (NSP) area,
and more commonly known as the Vaile neighborhood, to proceed with the
rehabilitation of existing structures and new builds on vacant lots pursuant to NSP
grant guidelines; and
WHEREAS, L.V. Baker, as the current owner (hereinafter "Seller ") of a certain property
located at 216 South 10 Street in Richmond, Indiana, in the NSP -3 geographic
area wishes to sell the property to the City of Richmond; and
WEHREAS, The Seller has executed or will execute a Real Estate Purchase Agreement
(Contract No. 65- 2012), which Agreement is attached hereto as Exhibit A,
outlines the terms and conditions of the sale, and includes provisions that outline
the negotiated additional good and valuable consideration of the satisfaction of
any and all mortgages existing on the property as well as any outstanding tax
warrants existing on the property; and
WHEREAS, after careful consideration, it is the desire of the City of Richmond to proceed
with the purchase of the property; and
WHEREAS, Indiana Code 36 -9 -6 -4 permits and funding is currently available for the Board of
Public Works & Safety to make the purchase of the stated properties.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF PUBLIC WORKS AND
SAFETY, that the City of Richmond agrees to execute the Purchase Agreement attached hereto
as Exhibit A in order to purchase the property located at the addresses set forth below from the
current owner, L.V. Baker, Seller, so that the City may use the property in connection with its
NSP Program.
NOW, THEREFORE, BE IT ALSO RESOLVED that Sally Hutton, Mayor, Vicki Robinson,
President of the Board of Public Works and Safety, Tony Foster, Director of the Department of
Metropolitan Development, Walter S. Chidester, City Attorney, Kimberly A. Vessels, Assistant
City Attorney, or Sharon Palmer, as the City's Community Development Specialist, shall be
authorized to execute any and all documents associated with the purchase of the below
properties:
Property Address Map Number State Parcel Number
a. 216 South 10 Street 500413032000029 891804130320000030
Passed and adopted this _ 17 th day of May 2012, by the Board of Public
Works & Safety.
S/S Vicki Robinson
Vicki Robinson, President
Dian Lawson
S/S Anthony L. Foster, II
Anthony L. Foster, 11
APPROVED: S/S Sarah L. Hutton
Sarah L. Hutton, Mayor
Date: Mav 18, 2012