Sale of Property at 2318 Washington Street_NillesMasterpiece on the Mississippi
TO: The Honorable Mayor and City Council Members
FROM: Michael C. Van Milligen, City Manager
SUBJECT: Sale of Property at 2318 Washington Street
DATE: August 15, 2013
Dubuque
band
AI- America City
11111r
2007 • 2012 • 2013
The City purchased eight properties for the Bee Branch project in the 2200 -2300 blocks
of Washington Street, due to the need to take a portion of the rear yards for the
realigned right -of -way. The houses are each being fully renovated, in preparation for
their re -sale to income - qualifying homebuyer families. Development of this property
was funded as part of the Bee Branch Creek Restoration Program and the Lead Paint
Hazard Reduction Program. No Neighborhood Stabilization Program funds were used
on this property. The sixth of these, located at 2318 Washington, has been completed
and an offer to purchase has been received.
Housing and Community Development Department Director Alvin Nash recommends
City Council approval of the sale of City -owned real property located at 2318
Washington Street to Brian J. Nilles for the appraised value of $102,000. The buyer will
receive the "Washington Neighborhood" incentives package, including a $15,000
combination forgivable and deferred - payment loan to assist with the downpayment; and
a $25,000 City second mortgage. All properties must be sold to income - qualifying
buyers (earning less than 80% area median income) according to the terms of the Iowa
Finance Authority and the Lead Program funding.
Financing to Brian J. Nilles will be provided through a first mortgage from Dubuque
Bank and Trust and the Washington Neighborhood Incentives Program.
I concur with the recommendation and respectfully request Mayor and City Council
approval.
Michael C. Van Milligen
MCVM:jh
Attachment
cc: Barry Lindahl, City Attorney
Cindy Steinhauser, Assistant City Manager
Teri Goodmann, Assistant City Manager
Alvin Nash, Housing & Community Development Department Director
THE CITY OF
Dui
Masterpiece on the Mississippi
Dubuque
AII- America City
� r
2007 • 2012 •2013
TO: Michael C. Van Milligen, City Manager
FROM: Alvin Nash, Housing & Community Development Director
SUBJECT: Sale of Property at 2318 Washington Street
DATE: August 6, 2013
Introduction
The purpose of this memorandum is to request City Council approval of the attached
resolution, authorizing sale of City -owned real property located at 2318 Washington
Street, to Brian J. Nilles.
Background
The City purchased eight properties for the Bee Branch project in the 2200 -2300 blocks
of Washington Street, due to the need to take a portion of the rear yards for the
realigned right -of -way. The houses are each being fully renovated, in preparation for
their re -sale to income - qualifying homebuyer families. Development of this property
was funded as part of the Bee Branch Creek Restoration Program and the Lead Paint
Hazard Reduction Program. No Neighborhood Stabilization Program (NSP) funds were
used on this property. The sixth of these, located at 2318 Washington Street, has been
completed and an offer to purchase has been received.
Discussion
An offer has been made by Brian J. Nilles to purchase the property at 2318 Washington
Street for $102,000, in accordance with the value established by an independent
appraisal. The buyer will receive the "Washington Neighborhood" Incentives package,
including a $15,000 combination forgivable and deferred - payment loan to assist with the
downpayment; and a $25,000 City second mortgage. All properties must be sold to
income - qualifying buyers (earning less than 80% area median income) according to the
terms of the Iowa Finance Authority and the Lead Program funding.
Financing to Brian J. Nilles will be provided through a first mortgage from Dubuque
Bank & Trust and the Washington Neighborhood Incentives Program.
By action of the City Council at its meeting held on August 5, 2013, Resolution No. 249-
13 approved the setting of a public hearing to be held for the disposal of property at
2318 Washington Street.
Action Step
The action requested of the City Council is to approve the attached resolution
authorizing the sale of property located at 2318 Washington Street to Brian J. Nilles
KLN
Preparer: Kris Neyen, City of Dubuque Housing Department, 350 W. 6th Street, Suite 312, Dubuque, IA
52001 (563) 690 -6094
RESOLUTION NO. 273 -13
A RESOLUTION APPROVING THE SALE OF REAL ESTATE LOCATED AT 2318
WASHINGTON STREET, IN THE CITY OF DUBUQUE, IOWA
WHEREAS, the City acquired the property at 2318 Washington Street for the
purpose of its restoration and re -sale for owner - occupied housing as part of the Bee
Branch re- alignment project.
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:
Lot 1 Bee Branch Sub. No. 5 in the City Of Dubuque, Iowa, according to the
recorded plat thereof — 2318 Washington Street at the cost of $102,000.
Section 2. That the City of Dubuque be and is hereby authorized to provide a
Special Warranty Deed to the buyer, conveying the City's interest to Brian J. Nilles for
the herein - described real estate.
Section 3. That the City Clerk be and is hereby authorized and directed to cause
said Special 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 is hereby directed to forward a copy of this
Resolution to the Dubuque County Assessor and the Dubuque County Auditor.
Passed, approved and adopted this 19th day of August, 2013.
Attest:
Kevi Firnstahl, i y Clerk
D1_,"
oy D. Buol, Mayor
CITY OF DUBUQUE,
IOWA
OFFICIAL NOTICE
NOTICE OF A PUBLIC
HEARING OF THE
CITY COUNCIL OF
THE CITY OF DUBU-
QUE, IOWA, ON THE
MATTER OF THE IN-
TENT TO DISPOSE OF
AN INTEREST IN REAL
PROPERTY BY
PUBLIC NOTICE is
hereby given that the
City Council of the City
of Dubuque, Iowa, will
hold a public hearing
on the 19th day of Au-
gust, 2013 at 6:30 p.m.
in the Historic Federal
Building, 350 West 6th
Street, (second floor),
Dubuque, Iowa, at
which meeting the City
Council proposes to
dispose of an interest
in the following descri-
bed real property to
Brian J. Nilles: .
Lot 1 Bee Branch Sub.
No. 5 in the City of Du-
buque, Iowa, according
to the recorded plat
thereof (2318 Washing-
ton Street)
At the meeting, the
City Council will re-
ceive oral and written
comments from any
resident or property
owner of said City to
the above action. Writ-
ten comments regard-
ing the above public
hearing may be sub-
mitted to the City
Clerk's Office on or be-
fore said time of public
hearing.
Copies of supporting
documents for the pub-
lic hearings are on file
in the City Clerk's Of-
fice, 50 W. 13th Street,
and may be viewed
during normal working
hours.
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
TTY (563) 690-6678 at
least 48 hours prior to
the meeting.
Dated this 9th day of
August, 2013.
Trish L. Gleason, CMC
Assistant City Clerk
RESOLUTION
NO. 249-13
A RESOLUTION OF
INTENTION TO DIS-
POSE OF CITY -
OWNED PROPERTY,
LOT 1 BEE BRANCH
SUB. NO. 5, IN THE
CITY OF DUBUQUE,
IOWA, ACCORDING
TO THE RECORDED
PLAT THEREOF - 2318
WASHINGTON
STREET
WHEREAS, the City of
Dubuque, has acquired
certain real properties
in connection with the
Bee Branch Creek Re-
Alignment Project; and
WHEREAS, THE City
has received an offer
to purchase this prop-
erty from Brian J.
Nilles; and
WHEREAS, by accept-
ing an offer to pur-
chase for this property
the City's objective for
providing homeowner-
ship to a qualifying
buyer can be realized.
NOW, THEREFORE, BE
IT RESOLVED BY THE
CITY COUNCIL OF THE
CITY OF DUBUQUE, IO-
WA:
Section 1. That the
City of Dubuque, Iowa,
intends to dispose of
its interest in the fol-
lowing legally- describ-
ed property:
"Lot 1 Bee Branch
Sub. No. 5 in the City of
Dubuque, Iowa, ac-
cording to the record-
ed plat thereof."
Section 2. That the
City of Dubuque, Iowa,
proposes to dispose of
its interest in the
above - described real
property to Brian J.
Nilles, for the sum of
$102,000.
Section 3. That the
City Clerk is hereby au-
thorized and directed
to cause this Resolu-
tion and a notice to be
published as prescri-
bed by Iowa Code Sec-
tion 364.7 for a public
hearing on the City's
intent to dispose of the
above - described prop-
erty, to be held on Au-
gust 19, 2013, at 6:30
pm at the Federal
Building, 350 W 6th
Street, Dubuque, Iowa.
Passed, approved and
adopted this 5th day of
august, 2013.
Roy D. Buol, Mayor
Attest: Trish L.
Gleason, CMC,
Assistant City Clerk
It 8/9
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 09, 2013, and for which the charge is $43.47.
Subscribed to before me, a Notary Public in and for Dubuque County, Iowa,
this /AO day of / , 20 /3 .
Notary Public in and for Dubuque County, Iowa.
WES1rE is :' ,
'MARY K. -
Cornmis;!on 'umber. 154.:;•: