CARVER HEIGHTS/MONTCLAIR AREA

COMMUNITY REDEVELOPMENT AGENCY

                            

                            

AGENDA MEMORANDUM

 

 

Meeting Date:           September 13, 2010

 

From:                          Christopher Edwards, Community Redevelopment Coordinator                   

 

Subject:                      Resolution authorizing approval to acquire two  residential parcels, located at 1003 Georgia Avenue and Alabama Avenue for the Carver Heights/ Montclair Community Redevelopment Agency (CRA)

 

 

Staff Recommendation:

Staff recommends the CRA approval to execute a Sale and Purchase Contract between the CRA and Christyne B. Hamilton, for redevelopment of two residential parcels.

 

Analysis:

The subject properties include two  residential parcels, one parcel located at 1003 Georgia Avenue and the other located on Alabama Avenue.  The two  parcels are part of an acquisition effort to attract new residential development within the CRA.  Acquisition of the subject properties is imperative for residential development that will increase the overall taxable value of the Carver Heights & Vicinity CRA.

 

The catalyst for the creation of the CRA was to revitalize and beautify the area.  The acquisition of the subject property together with adjacent parcels will position the CRA to be more prepared to offer “shovel ready” property when attempting to attract professional residential developers.  Therefore, with the purchase of this property the CRA can offer single family lots for affordable housing.

 

 

Options:

1.      Approve the resolution to execute the Contract for Sale and Purchase between the CRA and Christyne B. Hamilton; or

2.  Such alternative action as the Commission may deem appropriate

 

Fiscal Impact

The total purchase price pursuant to the contract is $17,000. Funding has been appropriated for land acquisition in the capital outlay portion of the budget.

 

 

 

 

 

Submission Date and Time:    9/10/2010 5:39 PM____

 

Department: ______________________

Prepared by:  ______________________                     

Attachments:         Yes____   No ______

Advertised:   ____Not Required ______                     

Dates:   __________________________                     

Attorney Review :       Yes___  No ____

                                                

_________________________________           

Revised 6/10/04

 

Reviewed by: Dept. Head ________

 

Finance  Dept. _____JB___________                                     

                              

Deputy C.M. ___________________                                                                         

Submitted by:

City Manager ___________________

 

Account No. _________________

 

Project No. ___________________

 

WF No. ______________________

 

Budget  ______________________

 

Available _____________________


 

RESOLUTION NO._______________

 

A RESOLUTION OF THE CARVER HEIGHTS/MONTCLAIR COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF LEESBURG, FLORIDA, AUTHORIZING AND DIRECTING THE COMMUNITY REDEVELOPMENT AGENCY TO EXECUTE A SALE AND PURCHASE CONTRACT BETWEEN THE COMMUNITY REDEVELOPMENT AGENCY AND CHRISTYNE B. HAMILTON FOR THE PURPOSE OF THE COMMUNITY REDEVELOPMENT AGENCY PURCHASING THE SUBJECT PROPERTY FOR REDEVELOPMENT; AND PROVIDING AN EFFECTIVE DATE

 

BE IT RESOLVED BY THE CRA COMMISSION OF THE CITY OF LEESBURG, FLORIDA:

 

            THAT the Community Redevelopment Agency Board is hereby authorized and directed to execute the Sale and Purchase Contract between the Carver Heights/Montclair Area  Community Redevelopment Agency and Christyne B. Hamilton for the purpose of purchasing the two properties for redevelopment. 

 

             THAT this resolution shall become effective immediately.

 

PASSED AND ADOPTED by the CRA Commission of the City of Leesburg, Florida, at a regular meeting held the _13th____ day of __September_______ 2010.

 

 

Carver Heights/Montclair Area Community Redevelopment Agency

 

 

                                                                            __________________________________

                                                                            Chairman

 

ATTEST:

 

 

___________________________________

Secretary/City Clerk