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Sale of Property at 346 East 19th StreetMasterpiece on the Mississippi TO: The Honorable Mayor and City Council Members FROM: Michael C. Van Milligen, City Manager SUBJECT: Sale of Property at 346 East 19th Street DATE: January 28, 2011 Dubuque kitti All- Amedcacity 2007 Housing and Community Development Department Director David Harris requests the City Council set a public hearing for February 22, 2011, for the purpose of approving the sale of the vacant lot located at 346 E. 19 Street to Kevin L. and Becky M. Lightfoot as part of the renovation project located at 1896 Washington Street. I concur with the recommendation and respectfully request Mayor and City Council approval. ichael C. Van Milligen MCVM:jh Attachment cc: Barry Lindahl, City Attorney Cindy Steinhauser, Assistant City Manager David Harris, Housing and Community Development Department Director THE CITY OF DUBJE MEMORANDUM Masterpiece on the Mississippi TO: Michael Van Milligen, City Manager FROM: David Harris, Housing and Community Development Department SUBJECT: Sale of Property at 346 East 19 Street DATE: January 28, 2011 Introduction The purpose of this memorandum is to request the City Council's approval of the attached resolution, setting a Public Hearing for the purpose of disposing of City — owned real estate at 346 E. 19 Street. Discussion The property was originally purchased by the City to provide green space for the property located at 1896 Washington, previously owned by DB &T Corporation and sold to first -time homeowners, Kevin L. and Becky M. Lightfoot, in June 2010. Action Requested The action requested of the City Council is to approve the attached resolution, setting the public hearing for the purpose of receiving comments on the proposed sale of the property. RESOLUTION NO. 38-11 A RESOLUTION OF INTENTION TO DISPOSE OF CITY -OWNED PROPERTY, SPECIFICALLY, NORTH 1/2 OF LOT 97, EXCEPT THE WEST 57'6" THEREOF, IN EAST DUBUQUE, IN THE CITY OF DUBUQUE, IOWA, ACCORDING TO THE RECORDED PLAT THEREOF - 346 E. 19 Street WHEREAS, the City of Dubuque has purchased certain real property for the purpose of re -sale for owned - occupied housing; and WHEREAS, the City received an offer to purchase this property from a qualifying WHEREAS, by accepting the selected offer the City's objective of providing first - time homeownership to a lower- income buyer can be realized. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DUBUQUE, IOWA: Section 1. That the City of Dubuque, Iowa, intends to dispose of its interest in the following legally- described property: "North 1 /2 of Lot 97, except the West 57'6" thereof, in East Dubuque, in the City of Dubuque, Iowa, according to the recorded plat thereof." Section 2. That the City of Dubuque, Iowa, proposes to dispose of its interest in the above described real property to Kevin L. and Becky M. Lightfoot for the sum of $1. Section 3. That the City Clerk is hereby authorized and directed to cause this Resolution and a notice to be published as prescribed by Iowa Code Section 364.7 of a public hearing on the City's intent to dispose of the foregoing- described Property, to be held on the 22 day of February, 2011, at 6:30 o'clock p.m. at the Historic Federal Building, 650 West Locust, Dubuque, Iowa. PASSED, APPROVED AND ADOPTED this 7 day of February/J2011. Attest: eanne Schneider, eanne Schneider, CMC, City Clerk ev Roy DOuol, Mayor