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File #: LBA Res 25, Series 2021    Version: 1 Name:
Type: VAPStat Case Status: Landbank
File created: 3/24/2021 In control: VAPStat Joint Meeting
On agenda: 4/12/2021 Final action:
Title: Location: 638 Cecil Avenue 40211 Parcel ID: 006B-0017-0000 Applicant: Rontonio Bradley Disposition Program: Request for Proposals Sale Price: $5,125.00 Project Type: Rehabilitation of Multi-Family Structure Project Timeframe: 12 months or less Funding Source: Private Funds Case Manager: Linette Huelsman Restrictions: Standard restrictions set within the "Request for Proposals" disposition program. Summary: Rontonio Bradley is the winning applicant for the property located 638 Cecil Avenue, offered through the Landbank's March 2021 RFP program. Applicant plans to spend $214,200.00 to rehab the property and lease to qualified tenants. 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. 25, Series 2021 - 638 Cecil Ave RFP.pdf
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Title

Location:

638 Cecil Avenue 40211

Parcel ID:

006B-0017-0000

Applicant:

Rontonio Bradley

Disposition Program:

Request for Proposals

Sale Price:

$5,125.00

Project Type:

Rehabilitation of Multi-Family Structure

Project Timeframe:

12 months or less

Funding Source:

Private Funds

Case Manager:

Linette Huelsman

Restrictions:

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

Summary:

Rontonio Bradley is the winning applicant for the property located 638 Cecil Avenue, offered through the Landbank’s March 2021 RFP program.  Applicant plans to spend $214,200.00 to rehab the property and lease to qualified tenants.  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.