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File #: LBA Res 50, Series 2019    Version: 1 Name:
Type: VAPStat Case Status: Landbank
File created: 11/8/2019 In control: VAPStat Joint Meeting
On agenda: 11/18/2019 Final action:
Title: Location: 714 South 36th Street 40211 Parcel ID: 043F-0154-0000 Applicant: L1C4 Properties, LLC Disposition Program: Request for Proposals Sale Price: $250.00 Project Type: Rehabilitation of Single-Family Residence Project Timeframe: Six (6) months or less Funding Source: Private Funds Case Manager: Linette Huelsman Restrictions: Standard restrictions set within the "Request for Proposals" disposition program. Summary: L1C4 Properties, LLC is the winning applicant for the property located at 714 South 36th Street, offered through the Landbank's October 2019 RFP program. Applicant plans to spend $59,785 to rehab the property and then rent to a qualified tenant. 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. 50, Series 2019 - 714 S 36th St RFP.pdf
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Title

Location:

714 South 36th Street 40211

Parcel ID:

043F-0154-0000

Applicant:

L1C4 Properties, LLC

Disposition Program:

Request for Proposals

Sale Price:

$250.00

Project Type:

Rehabilitation of Single-Family Residence

Project Timeframe:

Six (6) months or less

Funding Source:

Private Funds

Case Manager:

Linette Huelsman

Restrictions:

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

Summary:

L1C4 Properties, LLC is the winning applicant for the property located at 714 South 36th Street, offered through the Landbank’s October 2019 RFP program.  Applicant plans to spend $59,785 to rehab the property and then rent to a qualified tenant.  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.