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Sale of City-Owned Property at 1450 Iowa Street_InitiateCopyrighted January 3, 2022 City of Dubuque Items to be set for Public Hearing # 1. City Council Meeting ITEM TITLE: Sale of City -Owned Property at 1450 Iowa Street SUMMARY: City Manager requesting the City Council to set a public hearing on January 18, 2022, for the purpose of disposing of City -owned real property located at 1450 Iowa Street to GT Development LLC. RESOLUTION I ntent to dispose of an interest in City of Dubuque real estate to GT Development LLC., setting a time and place for hearing, and providing for the publication of notice thereof SUGGESTED Receive and File; Adopt Resolution(s), Set Public Hearing for January DISPOSITION: 18, 2022Suggested Disposition: ATTACHMENTS: Description 1450 Iowa Street Sale-MVM Memo Memo - 1450 Iowa St Resolution Public Notice Type City Manager Memo Staff Memo Resolutions Supporting Documentation THE C DUjIBQTE Masterpiece on the Mississippi TO: The Honorable Mayor and City Council Members FROM: Michael C. Van Milligen, City Manager SUBJECT: Sale of City -Owned Property at 1450 Iowa Street DATE: December 29, 2021 Dubuque WAWca 914 ii 2007-2012.2013 2017*2019 Housing and Community Development Director Alexis Steger requests the City Council to set a public hearing on January 18, 2022, for the purpose of disposing of City -owned real property located at 1450 Iowa Street to GT Development LLC. I concur with the recommendation and respectfully request Mayor and City Council approval. v Mic ael C. Van Milligen MCVM:jh Attachment cc: Crenna Brumwell, City Attorney Cori Burbach, Assistant City Manager Alexis M. Steger, Housing and Community Development Director THE C Dubuque DUUB-.'&--FE III-A aeriea C ft -. Masterpiece on the Mississippi 2017*2019 TO: Michael C. Van Milligen, City Manager FROM: Alexis M. Steger, Housing and Community Development Director SUBJECT: Sale of City -owned property at 1450 Iowa Steet. DATE: December 29, 2021 Introduction The purpose of this memorandum is to request the City Council to set a Public Hearing for the purpose of disposing of City -owned real property located at 1450 Iowa Street. Background The property at 1450 Iowa Street was acquired by the City using the petition for title process as outlined by state code section 657A.10B. The property is in the Jackson Park Historic District and has significant historic integrity and appeal. Housing staff evaluated the building for rehabilitation and determined that the sale and private rehabilitation would result in the most efficient restoration of the property. Discussion A request for proposal was published on November 3, 2021, which resulted in two proposals being submitted. The proposals were scored based on criteria established by staff with a focus on supporting the City Council's established goals and priorities. GT Development's proposal which outlines the restoration of the historic property was selected as the preferred proposal. They intend to commence work as soon as they receive title to the property, and they anticipate completion in approximately 6 months. Recommendation I respectfully request the City Council approve the attached resolution, declaring the City's intent to dispose of the property and set the date for the public hearing to receive comments on the proposed sale. Prepared by: Ben Pothoff, Deputy Code Official Prepared by Ben Pothoff, Housing & Community Devel 350 W 61h St Suite 312 Telephone: (563) 690-6072 Return to Adrienne N. Breiffelder, City Clerk, 50 W. 131h St., Dubuque, IA 52001, (563) 589-4100 RESOLUTION NO. 10-22 INTENT TO DISPOSE OF AN INTEREST IN CITY OF DUBUQUE REAL ESTATE TO GT DEVELOPMENT LLC., SETTING A TIME AND PLACE FOR HEARING, AND PROVIDING FOR THE PUBLICATION OF NOTICE THEREOF WHEREAS, the City of Dubuque, Iowa (City) owns 1450 Iowa Street (the Property) legally described as: and Middle 115 of Out Lot 455 and the North 23 inches of the South Middle 1/5 of Out Lot 455, in the City of Dubuque, Iowa, according to the United States Commissioners' Plat thereof. WHEREAS, City acquired the Property through the Court by petitioning for title in accordance with Iowa Code 567A.10B for the purpose of its restoration of the abandoned property; and WHEREAS, GT Development LLC., will rehabilitate the property and sell the property; and WHEREAS, by accepting the selected offer the City's objectives of Historic Building Rehabilitation/Preservation and Livable Neighborhoods and Housing can be realized and is consistent with the City goal of creating opportunities for affordable housing. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DUBUQUE, IOWA: Section 1. That the City of Dubuque, Iowa, proposes to dispose of its interest in the above described real estate to GT Development LLC. Section 2. That the City Council shall conduct a public hearing on the proposed disposition of real estate in the City Council Chambers at the Historic Federal Building, 350 W. 61h Street, Dubuque, Iowa on the 18th day of January, 2022 beginning at 6:30 p.m. Section 3. That the City Clerk be and is hereby authorized and directed to publish notice of the public hearing in the form attached hereto, according to law. Passed, approved and adopted this 3rd day of January, 2022. Brad M. agh, Mayor ATTEST: Adrienne N. Breitfelder, City Clerk CITY OF DUBUQUE, IOWA OFFICIAL NOTICE PUBLIC NOTICE is hereby given that the City Council of the City of Dubuque, Iowa, will hold a public hearing on the 18t" day of January 2022, at 6:30 p.m. in the Historic Federal Building, 350 West Sixth Street, 2nd floor, Dubuque, Iowa, at which meeting the City Council proposes to dispose of an interest in the following described real property by sale to GT Development LLC: Middle 1/5 of Out Lot 455 and the North 23 inches of the South Middle 1/5 of Out Lot 455, in the City of Dubuque, Iowa, according to the United States Commissioners' Plat thereof. locally known as 1450 Iowa Street. At the meeting, the City Council will receive oral and written comments from any resident or property owner of said City to the above action. Written comments regarding the above public hearing may be submitted to the City Clerk's Office, City Hall, 50 W. 13t" Street, on or before said time of public hearing. Copies of supporting documents for the public hearings are on file in the City Clerk's Office, and may be viewed during normal working hours. Any visual or hearing impaired persons needing special assistance or persons with special accessibility needs should contact the City Clerk's Office at (563) 589-4100 or TTY (563) 556-9948 at least 48 hours prior to the meeting. Dated this 3rd day of January 2022. Adrienne N. Breitfelder, City Clerk