Title
Resolution Authorizing Conveyance of Properties Located at 2115, 2116 and 2128 Everitt Street to the Redevelopment Commission of Greensboro
Body
Department: Engineering & Inspections
Council District: 1
Public Hearing: N/A
Advertising Date/By: N/A
Contact 1 and Phone: Kenney McDowell: 373-2302
Contact 2 and Phone: Ted Partrick: 373-2302
PURPOSE:
The Property Management Section of the Engineering & Inspections Department is in the process of conveying vacant properties located at 2115, 2116 and 2128 Everitt Street, parcels 0013436, 0013502, 0021345, to the Redevelopment Commission of Greensboro. City Council approval is requested to proceed with the conveyance.
BACKGROUND:
City ownership of the properties was a result of the default on a 1991 deed of trust related to a rehabilitation loan using Greensboro housing bond funds. The properties were granted to the City in lieu of foreclosure in 2014. Pursuant to NCGS 160A-274, the City may, upon such terms and conditions as it deems wise, with or without consideration, sell to any other governmental unit any interest in real property and pursuant to NCGS 160A-512, the Redevelopment Commission may acquire by gift any real property necessary or incidental to a redevelopment project.
The properties are located within the Morningside/Lincoln Grove Redevelopment Plan area and are zoned TN-Traditional Neighborhood. The properties are 0.511 acres, 0.627 acres, and 0.947 acres, respectively. In 2014 these properties were designated as blighted by the Planning Board and subsequently added to the Redevelopment Plan acquisition list through a public hearing process by the Redevelopment Commission.
The blighted structures have been demolished. The Redevelopment Commission of Greensboro will offer these vacant parcels for the development of affordable, multi-family housing through a Request for Proposals process slated for 2016. This process is in keeping with existing procedures and al...
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