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File #: R-090-19    Version: Name:
Type: Resolution Status: Passed
File created: 7/12/2019 In control: Metro Council
On agenda: 8/22/2019 Final action: 8/22/2019
Title: A RESOLUTION DETERMINING TWO PARCELS OF REAL PROPERTY LOCATED AT 2422 W. CHESTNUT STREET AND 2424 W. CHESTNUT STREET AND OWNED BY LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT ("METRO GOVERNMENT") AS SURPLUS AND NOT NEEDED FOR A GOVERNMENTAL PURPOSE AND AUTHORIZING THEIR TRANSFER TO THETA OMEGA, INC. (AS AMENDED)
Sponsors: Donna L. Purvis (D-5)
Attachments: 1. R-090-19 V.2 CAM 081319 Surplus Property W Chestnut to Theta Omega.pdf, 2. R-090-19 V.1 080819 ATTACH EXHIBIT A Surplus Property W Chestnut to Theta Omega.pdf, 3. R-090-19 - EXHIBIT B, 4. R-090-19 V.1 080819 Surplus Property W Chestnut to Theta Omega.pdf, 5. R-090-19 V.1 080819 ATTACH DEVELOPMENT AGREEMENT Surplus Property W Chestnut to Theta Omega.pdf, 6. RES 090 2019.pdf
RESOLUTION NO. ______, SERIES 2019
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A RESOLUTION DETERMINING TWO PARCELS OF REAL PROPERTY LOCATED AT 2422 W. CHESTNUT STREET AND 2424 W. CHESTNUT STREET AND OWNED BY LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT ("METRO GOVERNMENT") AS SURPLUS AND NOT NEEDED FOR A GOVERNMENTAL PURPOSE AND AUTHORIZING THEIR TRANSFER TO THETA OMEGA, INC. (AS AMENDED)
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SPONSORED BY: COUNCIL MEMBER DONNA PURVIS

WHEREAS, according to KRS Chapter 67C.101, Metro Government may sell or transfer 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 Metro Government may convey surplus real estate upon declaration by the Legislative Council of the Louisville/Jefferson County Metro Government (the "Council") that such property is no longer needed for the governmental purposes of Metro Government; and
WHEREAS, Metro Government issued a solicitation of interest for the property located at 2422 W. Chestnut Street and 2424 W. Chestnut Street, known as the Hampton House (the "Property"), in June 2018; and
WHEREAS, Metro Government has entered into a Development Agreement dated July 3, 2019 with Theta Omega, Inc., a Kentucky non-profit corporation, who made the highest and best offer for the Property; and
WHEREAS, pursuant to the Development Agreement, Theta Omega, Inc. will pay $50,000 and will assume approximately $160,000 in necessary repairs to the structure; and
WHEREAS, Metro Government has never dedicated by virtue of use, deed, ordinance or any other manner the real property that is the subject of this Resolution to a public or governmental purpose; and
WHEREAS, the Chief of Louisville Forward has declared and certified to the Council that the real property that is the subject of this Resolution is surplus to the needs of Metro Government (Exhibit A attached and incorporated herein).
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