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File #: LBA Res 4, 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: 1537 South 35th Street 40211 Parcel ID: 049B-0180-0080 Applicant: Jump Start Realty & Development, LLC Disposition Program: Request for Proposals Sale Price: $3,000.00 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: Ludia L. Vickers was approved through Resolution 52, Series 2019 to purchase the property located at 1537 South 35th Street on November 18, 2019. Unfortunately, she has since withdrawn her application to purchase. Jump Start Realty & Development, LLC, the applicant with the second highest score in the October 2019 Request for Proposals, would like to move forward with the acquisition. Applicant plans to spend $48,500 to rehab the property and rent to a qualified tenant. Proof of funds for the sale price and rehab costs have been submitted by the co...
Attachments: 1. Resolution No. 4, Series 2020 - 1537 S 35th St RFP.pdf
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Title

Location:

1537 South 35th Street 40211

Parcel ID:

049B-0180-0080

Applicant:

Jump Start Realty & Development, LLC

Disposition Program:

Request for Proposals

Sale Price:

$3,000.00

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:

Ludia L. Vickers was approved through Resolution 52, Series 2019 to purchase the property located at 1537 South 35th Street on November 18, 2019.  Unfortunately, she has since withdrawn her application to purchase.  Jump Start Realty & Development, LLC, the applicant with the second highest score in the October 2019 Request for Proposals, would like to move forward with the acquisition.  Applicant plans to spend $48,500 to rehab the property and 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.