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File #: LBA Res 34, Series 2020    Version: 1 Name:
Type: VAPStat Case Status: Landbank
File created: 5/4/2020 In control: VAPStat Joint Meeting
On agenda: 5/11/2020 Final action:
Title: Locations: 1414 Rear South 9th Street, 1424 South 9th Street, and 1424 Rear South 9th Street 40208 Parcel IDs: 042B-0124-0000, 042B-0114-0000 and 042B-0122-0000 Applicant: MV Louisville, LLC Disposition Program: Budget Rate Policy for New Construction Projects Project Type: Single-Family Residences Project Timeframe: 18 months for each structure Sale Price: $500.00 per parcel Funding Source: Private Funds Case Manager: Linette Huelsman Restrictions: Standard restrictions set within the "Budget Rate" disposition program. Summary: Applicant is requesting the above lots to construct two (2) single-family residences on the parcels. Proof of funds for the sale price and estimated development costs of $117,770.00 per residence have been submitted by the compliant Applicant, owing no delinquent taxes or unpaid code enforcement fines/liens.
Attachments: 1. Resolution No. 34 Series 2020 - MV Louisville LLC Budget Rate.pdf
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Title

Locations:

1414 Rear South 9th Street, 1424 South 9th Street, and 1424 Rear South 9th Street 40208

Parcel IDs:

042B-0124-0000, 042B-0114-0000 and 042B-0122-0000

Applicant:

MV Louisville, LLC

Disposition Program:

Budget Rate Policy for New Construction Projects

Project Type:

Single-Family Residences

Project Timeframe:

18 months for each structure

Sale Price:

$500.00 per parcel

Funding Source:

Private Funds

Case Manager:

Linette Huelsman

Restrictions:

Standard restrictions set within the “Budget Rate” disposition program.

Summary:

Applicant is requesting the above lots to construct two (2) single-family residences on the parcels.  Proof of funds for the sale price and estimated development costs of $117,770.00 per residence have been submitted by the compliant Applicant, owing no delinquent taxes or unpaid code enforcement fines/liens.