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Sale of Property_2302 Washington StreetMasterpiece on the Mississippi Dubuque heta All- America City 1.! 2007 TO: The Honorable Mayor and City Council Members FROM: Michael C. Van Milligen, City Manager SUBJECT: Setting Public Hearing for Sale of Property at 2302 Washington Street DATE: August 9, 2011 Housing and Community Development Department Director David Harris is recommending that public hearing be set for September 6, 2011 to consider disposal of property at 2302 Washington Street. I concur with the recommendation and respectfully request Mayor and City Council approval. Mi ael 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 DUB UE MEMORANDUM Masterpiece on the Mississippi TO: Michael Van Milligen, City Manager FROM: David Harris, Housing and Community Development Department SUBJECT: Public Hearing for Sale of Property at 2302 Washington Street DATE: August 9, 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 2302 Washington Street. Background A Bee Branch home located at 320 East 24th Street was purchased by the City, for removal in connection with the Creek realignment project. The Housing Department reached agreement with the Habitat for Humanity organization to purchase this house and move it to another lot, previously purchased by the City at 2300 Washington Street. The structure on this lot had previously been deconstructed by the City, due to its infeasibility for rehabilitation. This lot was subsequently subdivided into two lots, in order to move the home from 320 East 24th Street, and a second City - purchased Bee Branch home located at 324 East 24th. Both homes will be sold to Habitat for Humanity, substantially rehabilitated and re- sold to Habitat families. Discussion The lot at 2300 Washington has been subdivided, excavations dug and full basement foundations constructed. The two East 24th Street homes have been relocated. Habitat is now ready to purchase these properties from the City, each at a cost of $1.00. The Housing Department will make a loan of $40 000 on each property to Habitat, for the costs of moving the house, excavation, basement and foundation and installation of utilities. This mortgage will be transferred to the Habitat buyer family at project completion. 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 at 2302 Washington Street. Attach. RESOLUTION NO. 278-11 A RESOLUTION OF INTENTION TO DISPOSE OF CITY -OWNED PROPERTY, SPECIFICALLY, LOT 1 OF BEE BRANCH SUBDIVISION NO. 1 IN THE CITY OF DUBUQUE, IOWA, ACCORDING TO THE RECORDED PLAT THEREOF - 2302 Washington Street WHEREAS, the City of Dubuque has acquired certain real property in connection with the Bee Branch Creek Re- Alignment Project; and WHEREAS, the City has received an offer to purchase this property from Habitat for Humanity; WHEREAS, by accepting the selected offer the City's objective of providing first - time homeownership to a Tower- 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: "Lot 1 of Bee Branch Subdivision No. 1 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 Habitat for Humanity for the sum of One Dollars ($1.00). 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 6 day of September, 2011, at 6:30 o'clock p.m. at the Historic Federal Building, 650 West Locust, Dubuque, Iowa. PASSED, APPROVED AND ADOPTED th 5th of August Attest: Ke in Firnst. I, Acting ity Clerk , 2011. Roy D /: uol, Mayor RESOLUTION 10.278.11 A RESOLUTION OF INTENTION , TO DISPOSE OF CITY - OWNED PROPERTY, SPECIFICALLY, LOT 1 OF BEE ..BRANCH SUBDIVISION NO. S IN THE CITY OF DUBUQUE, IOWA, ACCORDING TO THE RECORDED PLAT THEREOF - 2302 Washington Street WHEREAS, the City of Dubuque has acquired certain real property in connection with the Bee Branch Creek Re- Alignment Project and WHEREAS, the City has received an offer to purchase this property from Habitat for Humanity; WHEREAS, by accept- ing the selected offer ploy ding objective 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: "Lot 1 of Bee Branch Subdivision No. 1 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 Habitat for Humanity for the sum of One Dollars ($1.00). Section 3. That the City Clerk is hereby authorized and direct- ed 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 6th day of September, 2011, at 6:30 o'clock p.m. at the Historic Federal Build- ing, 650 West Locust, Dubuque, Iowa. PASSED, APPROVED AND ADOPTED this 15th day of August, 2011. Roy D. Buol, Mayor Attest: Kevin Firnstahl, Acting City Clerk 1t 8/19 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: August 19, 2011, and for which the charge is $23.18. Subscribed to before me, a Notary Public in and for Dubuque County, Iowa, this ,a1,200' day of Q„ , 20 // . Notary Public in and for Dubuque County, Iowa. MARY K. WESTERMEY CommisBlon Number 154