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File #: LBA Res 26, Series 2020    Version: 1 Name:
Type: VAPStat Case Status: Landbank
File created: 3/30/2020 In control: VAPStat Joint Meeting
On agenda: 4/16/2020 Final action:
Title: Location: 2509 Grand Avenue and Grand Avenue 40210 Parcel ID: 038D-0107-0000 and 038D-0161-0000 Applicant: Sparrow Waterhouse, Inc. Disposition Program: Request for Proposals Sale Price: $2,051.51 Project Type: Rehabilitation of Single-Family Residence Project Timeframe: 6 months or less Funding Source: Private Funds Case Manager: Linette Huelsman Restrictions: Standard restrictions set within the "Request for Proposals" disposition program. Summary: Sparrow Waterhouse, Inc. is the winning applicant for the property located 2509 Grand Avenue and Grand Avenue, offered through the Landbank's February 2020 RFP program. Applicant plans to spend $47,000 to rehab the property and then sell it. Proof of funds for the sale price and rehab costs have been submitted by the compliant Applicant, owing no delinquent taxes or unpaid code enforcement fines/liens.
Attachments: 1. Resolution No. 26 Series 2020 - 2509 Grand Ave RFP.pdf
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Title

Location:

2509 Grand Avenue and Grand Avenue 40210

Parcel ID:

038D-0107-0000 and 038D-0161-0000

Applicant:

Sparrow Waterhouse, Inc.

Disposition Program:

Request for Proposals

Sale Price:

$2,051.51

Project Type:

Rehabilitation of Single-Family Residence

Project Timeframe:

6 months or less

Funding Source:

Private Funds

Case Manager:

Linette Huelsman

Restrictions:

Standard restrictions set within the “Request for Proposals” disposition program.

Summary:

Sparrow Waterhouse, Inc. is the winning applicant for the property located 2509 Grand Avenue and Grand Avenue, offered through the Landbank’s February 2020 RFP program.  Applicant plans to spend $47,000 to rehab the property and then sell it.  Proof of funds for the sale price and rehab costs have been submitted by the compliant Applicant, owing no delinquent taxes or unpaid code enforcement fines/liens.