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File #: LBA Res 38, Series 2020    Version: 1 Name:
Type: VAPStat Case Status: Landbank
File created: 5/29/2020 In control: VAPStat Joint Meeting
On agenda: 6/22/2020 Final action:
Title: Location: 3410 West Market Street 40212 Parcel ID: 008G-0101-0000 Applicant: Mirage Properties III, LLC Disposition Program: Request for Proposals Sale Price: $12,000.00 Project Type: Rehabilitation of Commercial Structure Project Timeframe: 13 months or less Funding Source: Private Funds Case Manager: Linette Huelsman Restrictions: Standard restrictions set within the "Request for Proposals" disposition program. Summary: Mirage Properties III, LLC is the winning applicant for the property located 3410 West Market Street, offered through the Landbank's May 2020 RFP program. Applicant plans to spend $135,000 to rehab this commercial structure, zoned C-2, into a mixed-use building. Proof of funds for the sale price and rehab costs have been submitted by the compliant Applicants, owing no delinquent taxes or unpaid code enforcement fines/liens.
Attachments: 1. Resolution No. 38 Series 2020 - 3410 W Market St RFP.pdf
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Title

Location:

3410 West Market Street 40212

Parcel ID:

008G-0101-0000

Applicant:

Mirage Properties III, LLC

Disposition Program:

Request for Proposals

Sale Price:

$12,000.00

Project Type:

Rehabilitation of Commercial Structure

Project Timeframe:

13 months or less

Funding Source:

Private Funds

Case Manager:

Linette Huelsman

Restrictions:

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

Summary:

Mirage Properties III, LLC is the winning applicant for the property located 3410 West Market Street, offered through the Landbank’s May 2020 RFP program.  Applicant plans to spend $135,000 to rehab this commercial structure, zoned C-2, into a mixed-use building.  Proof of funds for the sale price and rehab costs have been submitted by the compliant Applicants, owing no delinquent taxes or unpaid code enforcement fines/liens.