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File #: R-172-22    Version: 1 Name:
Type: Resolution Status: Passed
File created: 10/24/2022 In control: Labor and Economic Development Committee
On agenda: 11/10/2022 Final action: 11/10/2022
Title: A RESOLUTION DETERMINING CERTAIN PROPERTY AT 3025 WEST MADISON STREET, 3033 VERMONT AVENUE, 3048 WEST MUHAMMAD ALI BOULEVARD AND WEST MUHAMMAD ALI BOULEVARD (PARCEL ID NO. 007601050000) AS SURPLUS AND NOT NEEDED FOR A GOVERNMENTAL PURPOSE AND AUTHORIZING ITS TRANSFER.
Sponsors: Donna L. Purvis (D-5), Jecorey Arthur (D-4)
Attachments: 1. R-172-22 V.1 102722 Surplus Property on W. Madison, W. Vermont, and W. Muhammad Ali.pdf, 2. R-172-22 ATTACH Exhibit A - Executed Certification of Surplus Property.pdf, 3. Background and Letters of Support - RPOP and Madison Street 11-1-22.pdf, 4. RES 139 2022.pdf
RESOLUTION NO. ______, SERIES 2022
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A RESOLUTION DETERMINING CERTAIN PROPERTY AT 3025 WEST MADISON STREET, 3033 VERMONT AVENUE, 3048 WEST MUHAMMAD ALI BOULEVARD AND WEST MUHAMMAD ALI BOULEVARD (PARCEL ID NO. 007601050000) AS SURPLUS AND NOT NEEDED FOR A GOVERNMENTAL PURPOSE AND AUTHORIZING ITS TRANSFER.
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SPONSORED BY: COUNCIL MEMBERS PURVIS AND ARTHUR
WHEREAS, according to KRS Chapter 67C.101, the Louisville/Jefferson County Metro Government ("Metro Government") may sell any real property belonging to Metro Government; and
WHEREAS, Section 1(A) of Executive Order No. 2, Series 2011 of the Mayor, which adopts Section 2(C) of Executive Order No. 3, Series 2007, provides that the Metro Government may sell and convey surplus real estate upon declaration by the Legislative Council of Metro Government ("the Council") that such property is no longer needed for the governmental purposes of Metro Government; and
WHEREAS, Metro Government owns property located at 3025 West Madison Street, 3033 Vermont Avenue, 3048 Muhammad Ali Boulevard and Parcel ID. No. 007601050000 as more particularly described in Exhibit A (the "Property") that was acquired from the Landbank Authority in 2019 to stimulate a possible disposition to an interested third party; and
WHEREAS, Metro Government is an incubating partner for Russell: A Place of Promise ("RPOP"), a justice-based initiative focused on the people and places that make the Russell neighborhood special, and RPOP, since its launch in August, 2018, developed a model of wealth building and investment without displacement of residents that starts with relationship building, leadership development and shared decision-making with residents and has led to investments in homeownership development and homeowner stabilization, a small business accelerator focused on business creation, strengthening and growth, workforce development partnerships and significant predevelopment activity focused on the Property (t...

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