Sale of Property at 2015 Washington StreetMasterpiece on the Mississippi
TO: The Honorable Mayor and City Council Members
FROM: Michael C. Van Milligen, City Manager
SUBJECT: Sale of Property at 2015 Washington Street
DATE: October 26, 2010
Michael C. Van Milligen
MCVM:jh
Attachment
cc: Barry Lindahl, City Attorney
Cindy Steinhauser, Assistant City Manager
David Harris, Housing and Community Development Department Director
Dubuque
All-America City
2007
Housing and Community Development Director David Harris recommends disposing of
City -owned real property located at 2015 Washington Street to Jerry Chase and Julie
Woodyard for the appraised value of $91,000.
The property was purchased by Gronen Restoration in 2003 and completely renovated
and restored to its original condition. This was one of the City's earliest efforts at
reinvestment in the Washington Neighborhood. When completed in 2004 it was
appraised at $148,000 and sold to an owner - occupant family. The last family to own the
home subsequently defaulted on the mortgage. The City then acquired the home at
foreclosure sale for $81,062.51, using General Fund dollars.
The home was purchased for $81,062.51 at a foreclosure sale. Approximate appraised
value of the home is $91,000, which is the sale price. The home will be purchased with
a combination of City first -time homebuyer and rehab grants and loans totaling $24,000.
Owners have obtained a first mortgage from a local lender and will additionally commit
$4,550 as a downpayment. A $47,579 forgivable third mortgage will be assumed by the
buyer and placed on the property to insure homeownership for five years.
I concur with the recommendation and respectfully request Mayor and City Council
approval.
Masterpiece on the Mississippi
TO: Michae an Milligen, City Manager
FROM: David Ffais Housing and Community Development Department
g y p
SUBJECT: Sale of property at 2015 Washington Street
DATE: 20 October 2010
Dubuque
AFAmuIcaCk►
1
2007
Introduction
The purpose of this memorandum is to request approval of the attached resolution
authorizing sale of a home at 2015 Washington Street.
Discussion
At its 18 October 2010 meeting, the City Council, by passage of Resolution No. 408 -10
declared its intent to dispose of City -owned property at 2015 Washington Street.
A public hearing was set for 1 November 2010.
The attached resolution approves that sale of the property to Jerry Chase and Julie
Woodyard.
Action Step
The action requested of the City Council is to approve the attached resolution,
approving the sale of the home at 2015 Washington Street.
RESOLUTION NO. 435-10
A RESOLUTION APPROVING THE SALE OF REAL ESTATE SPECIFICALLY,
NORTHERLY 46 FEET OF LOT 20 IN STEINER'S ADDITION OR SUBDIVISION IN THE
CITY OF DUBUQUE COUNTY OF DUBUQUE, IOWA, ACCORDING TO THE
RECORDED PLAT THEREOF — 2015 WASHINGTON STREET
WHEREAS, pursuant to a notice, duly published in the Telegraph Herald newspaper, in
the City Council of Dubuque, Iowa, met on 1 November 2010, in the Dubuque Historic
Federal Building, 350 West 6 Street, Dubuque, Iowa to consider the proposal to dispose
of City -owned real estate located at 2015 Washington Street, described as:
Northerly 46 feet of Lot 20 in Steiner's Addition or Subdivision in the City of Dubuque,
County of Dubuque, Iowa, according to the recorded Plat thereof,
WHEREAS, such purpose supports the Washington Neighborhood revitalization
strategy as approved by the City Council;
WHEREAS, the City has received an offer to purchase this property from a qualifying
household;
WHEREAS, the City Council of the City of Dubuque, Iowa has overruled any and all
objections, oral and written, to the proposal to dispose of the interest of the City of
Dubuque, Iowa, in the herein and above - described real estate to the below -named
grantee.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
DUBUQUE, IOWA:
Section 1. That the City of Dubuque hereby approves the sale of the following legally -
described property:
Northerly 46 feet of Lot 20 in Steiner's Addition or Subdivision in the City of Dubuque,
County of Dubuque, Iowa, according to the recorded Plat thereof,
at the cost of Ninety -one thousand dollars ($91 000)
Section 2. That the City of Dubuque be and is hereby authorized to provide a Warranty
Deed to the buyer, conveying the City's interest to Jerry Chase and Julie Woodyard for the
herein - described real estate.
Section 3. That the City Clerk be and she is hereby authorized and directed to cause
said Warranty Deed to be recorded in the Office of the Dubuque County Recorder,
together with certified copy of the Resolution.
Section 4. That the City Clerk be and she is hereby authorized and directed to forward
a copy of this Resolution to the Dubuque Count Assessor and the Dubuque County
Auditor.
PASSED, APPROVED AND ADOPTED this 1st day •f November, 2010.
Attest:
Jeanne Schneider, CMC,
City Clerk
Roy
uol, Mayor
CITY OF DUIUQUE,
IOWA
OFFIcIAL NOTICE
NOTICE is hereby giv-
en that the City Council
of Dubuque, Iowa, will
conduct a public hear-
ing at a meeting to
commence at 6:30
p.m., on the 1st day of
November, 2010, in the
Historic Federal Build-
ing, 350 West Sixth
Street, to consider the
disposal of its interest
in real property descri-
bed as the northerly 46
feet of Lot 20 In Stein -
er's Addition or Subdi-
vision in the City of Du-
buque, County of Du-
buque, Iowa, according
to the recorded plat
thereof, 2015 Washing-
ton Street to Jerry
Chase and Julie Wood-
yard. Copy of support-
ing documents are on
file in the City Clerk's
Office and may be
viewed during working
hours.)
Written comments re-
garding said disposal
may be submitted to
the City Clerk's Office
on or before the time
of public hearing.
At said time and place
of public hearing, all
interested citizens and
parties will be given an
opportunity to be
heard for or against
said disposal.
Any visual or hearing
impaired persons
needing special assis-
tance or persons with
special accessibility
needs should contact
the City Clerk's Office
at (563) 589 -4120 or
TDD (563) 690-6678 at
least 48 hours prior to
the meeting.
Published by order of
the City Council given
on the 18th day of Oc-
tober, 2010.
Jeanne F. Schneider,
CMC, City Clerk
It 10/22
STATE OF IOWA {SS:
DUBUQUE COUNTY
CERTIFICATION OF PUBLICATION
I, Suzanne Pike, a Billing Clerk for Woodward Communications, Inc., an Iowa
corporation, publisher of the Telegraph Herald,a newspaper of general circulation
published in the City of Dubuque, County of Dubuque and State of Iowa; hereby
certify that the attached notice was published in said newspaper on the following
dates: October 22, 2010, and for which the charge is $16.88.
Subscribed to before me, a Notary Public in and for Dubuque County, Iowa,
this a ?Z.,..P day of , 20
i
Notary Public in and for
ubuque County, Iowa.