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File #: LBA Res 8, Series 2020    Version: 1 Name:
Type: VAPStat Case Status: Landbank
File created: 1/8/2020 In control: VAPStat Joint Meeting
On agenda: 1/13/2020 Final action:
Title: Location: 3122 West Kentucky Street 40211 Parcel ID: 046C-0031-0000 Applicant: Akbar Enterprises, LLC Disposition Program: Request for Proposals Sale Price: $1,650.00 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: Akbar Enterprises, LLC is the winning applicant for the property located at 3122 West Kentucky Street, offered through the Landbank's December 2019 RFP program. Applicant plans to spend $39,900 to rehab the structure and then sell to a qualified buyer. 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. 8, Series 2020 - 3122 W Kentucky St RFP.pdf
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Title

Location:

3122 West Kentucky Street 40211

Parcel ID:

046C-0031-0000

Applicant:

Akbar Enterprises, LLC

Disposition Program:

Request for Proposals

Sale Price:

$1,650.00

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:

Akbar Enterprises, LLC is the winning applicant for the property located at 3122 West Kentucky Street, offered through the Landbank’s December 2019 RFP program.  Applicant plans to spend $39,900 to rehab the structure and then sell to a qualified buyer.  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.