The city acquired this property through foreclosure. The existing structure was deemed unusable and was demolished by the city. On February 5, 2024, this surplus property was put out to bid through Request for Proposal (RFP) #24-011, so a single-family home could be constructed. The minimum acceptable bid was $25,000.00 with an available reimbursement of $10,000.00 if the property receives a certificate of occupancy within 12 months of the sale. The sole proposal received was from Gary Blackwell Investments Inc. in the amount of $40,250.00.
The goal of this surplus property sale is to increase home ownership and improve the quality of life in this area.
The Development Review Committee reviewed RFP #24-011 on March 28, 2024, and recommended approval of the sale.
The City Attorney reviewed ordinance 2024-2297 along with the sale and purchase agreement and approved them as to form.