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File #: R-124-19    Version: 1 Name:
Type: Resolution Status: Passed
File created: 9/6/2019 In control: Labor and Economic Development Committee
On agenda: 10/10/2019 Final action: 10/10/2019
Title: A RESOLUTION DETERMINING A PARCEL OF REAL PROPETY LOCATED AT 431 EAST LIBERTY STREET, LOUISVILLE, KENTUCKY, A DESCRIPTION OF WHICH IS ATTACHED HERETO AS EXHIBIT A AND OWNED BY LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT ("METRO GOVERNMENT") AS SURPLUS AND NOT NEEDED FOR A GOVERNMENTAL PURPOSE AND AUTHORIZING ITS RECONVEYANCE TO LOUISVILLE METRO HOUSING AUTHORITY ("HOUSING AUTHORITY") FOR $1.00.
Sponsors: Barbara Sexton Smith (D-4)
Attachments: 1. R-124-19 V.1 091219 431 E. Liberty Surplus Property.pdf, 2. RES 105 2019.pdf
RESOLUTION NO. ___________, SERIES 2019
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A RESOLUTION DETERMINING A PARCEL OF REAL PROPETY LOCATED AT 431 EAST LIBERTY STREET, LOUISVILLE, KENTUCKY, A DESCRIPTION OF WHICH IS ATTACHED HERETO AS EXHIBIT A AND OWNED BY LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT ("METRO GOVERNMENT") AS SURPLUS AND NOT NEEDED FOR A GOVERNMENTAL PURPOSE AND AUTHORIZING ITS RECONVEYANCE TO LOUISVILLE METRO HOUSING AUTHORITY ("HOUSING AUTHORITY") FOR $1.00.
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SPONSORED BY: COUNCILMEMBER BARBARA SEXTON SMITH

WHEREAS, according to KRS Chapter 67C 101, 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 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, the real property located at 431 East Liberty Street, Louisville, Kentucky (the "Property") was conveyed by the Housing Authority to Metro Government for $1.00 by a Deed With Included Option dated January 31, 2019 and recorded in Deed Book 11340, Page 382 in the Office of the Clerk of Jefferson County, Kentucky, and
WHEREAS, the Property was conveyed to Metro Government for the purpose of safe storage for the personal property of the homeless in Louisville/Jefferson County, a purpose which has been completed, and
WHEREAS, Housing Authority retained an option in the abovementioned Deed With Included Option to repurchase the Property from Metro Government for $1.00, and
WHEREAS, Housing Authority has properly exercised abovementioned option, and
WHEREAS, the Chief of Staff of Louisville/Jefferson County Metro Government has declared and certified to the Council that the Property is surplus to the needs of Metro Government,
NOW, THEREFORE, BE IT RESOLVED BY THE ...

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