Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute a Certificate of Consideration, and any other documents necessary, and to accept a Deed for the property located at 416 Carlisle Ave., for the Meadows-Northland-Arlington Public Improvements Project, and authorizing payment in the amount of $84,000, plus usual and appropriate closing costs.
Summary
Request Council Authorization to purchase property at 416 CARLISLE AVENUE FOR the MEADOWS-northland-Arlington public improvements project
Budgetary Implications: Yes
Advance Document Review: Law/Risk Management
Fully Budgeted: Yes
Account Number: 3120-303202-3211-91713
This Fiscal Year Impact: $84,000
Annual Impact: $
Project: CDBG_2011
Activity: C03
Budget Reference: 2011
Budgeting
Current Balance: $608,2009.49
Body
On April 28, 2011, (Ordinance #48-2011), Council approved an amendment to the 2010 Consolidated Plan to include the purchase of two residential units, relocation of the residents and demolition of the units in the Meadows-Northland-Arlington Project. This project provides for the installation of a larger storm sewer, sanitary sewer and for sufficient easement for government maintenance.
The property located at 416 Carlisle Avenue has been appraised in accordance with federal regulations. A review appraisal was conducted which supported the findings of the original appraisal. An offer was made in the amount of $84,000 and the owners, Jason and Kelli Binder, have accepted the offer.
Council authorization to purchase the property is requested.