Number
020304
Version
ORIGINAL
Reference
Sponsor
ALD. CAMERON
Title
Resolution declaring 15 vacant, tax-deed lots surplus and accepting an unsolicited proposal from Pleasant Hill Missionary Baptist Church for new residential construction, in the 10th Aldermanic District. (DCD-Real Estate)
Analysis
This resolution will result in the sale of 15 vacant, tax-deed lots for new residential construction.
Body
Whereas, Pleasant Hill Missionary Baptist Church ("PHMBC") has submitted an unsolicited proposal to purchase the following vacant, tax-deed lots for $1 each:
ADDRESS, TAX KEY NO.
3059-63 North 22nd Street, #310-0848-100-0
3067 North 22nd Street, #310-0847-9
3071 North 22nd Street, #310-0846-3
3067-69 North 24th Street, #310-0504-3
3071 North 24th Street, #310-0503-8
3007 North 24th Street, #310-0519-5
2402 West Chambers Street, #310-0520-0
2410 West Chambers Street, #310-0521-6
2420 West Chambers Street, #310-0522-1
2424 West Chambers Street, #310-0523-7
2428 West Chambers Street, #310-0524-2
2469-71 West Chambers Street, #310-0595-X
2475-77 West Chambers Street, #310-0594-4
3022 North 25th Street, #310-0565-6
3026 North 25th Street, #310-0566-1
; and
Whereas, PHMBC will assume all costs associated with site preparation and construction of 8-12 single-family and/or duplex homes for sale to owner-occupants; and
Whereas, The Department of City Development ("DCD") recommends acceptance of said proposal contingent upon closing within 90 days from acceptance of a formal Offer to Purchase, site and building plan approval by DCD's Planning Division, a financial commitment in place to complete the construction as proposed, and construction shall be completed within 12 months from the date of adoption of this resolution; and
Whereas, DCD recommends sale in an "as is" condition without representations or warranties including but not limited to soil quality and subsurface condition; and
Wh...
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