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File #: LBA Res 64, Series 2021    Version: 1 Name:
Type: VAPStat Case Status: Landbank
File created: 11/4/2021 In control: VAPStat Joint Meeting
On agenda: 11/8/2021 Final action:
Title: Location: 3506 Hale Avenue 40211 Parcel ID: 045H-0091-0000 Applicants: Jerome Cotton and Heavenly Cotton Disposition Program: Flex Rate Disposition Program for New Construction Project Project Type: Single-Family Residence Project Timeframe: Not Applicable Sale Price: $7,000.00 (Appraised Value) Funding Source: Private Funds Case Manager: Linette Huelsman Restrictions: Standard restrictions set within the "Flex Rate" disposition program. Summary: Applicants are requesting the above lot to construct a single-family residence for Heavenly Cotton. Proof of funds for the sale price and estimated development costs of $212,178.17 have been submitted by the compliant Applicants, owing no delinquent taxes or unpaid code enforcement fines/liens. The sale price was agreed to pursuant to the requirements of the Flex Rate disposition program.
Attachments: 1. Resolution No. 64, Series 2021 - 3506 Hale Ave Flex Rate.pdf
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Title

Location:

3506 Hale Avenue 40211

Parcel ID:

045H-0091-0000

Applicants:

Jerome Cotton and Heavenly Cotton

Disposition Program:

Flex Rate Disposition Program for New Construction Project

Project Type:

Single-Family Residence

Project Timeframe:

Not Applicable

Sale Price:

$7,000.00  (Appraised Value)

Funding Source:

Private Funds

Case Manager:

Linette Huelsman

Restrictions:

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

Summary:

Applicants are requesting the above lot to construct a single-family residence for Heavenly Cotton.  Proof of funds for the sale price and estimated development costs of $212,178.17 have been submitted by the compliant Applicants, owing no delinquent taxes or unpaid code enforcement fines/liens.  The sale price was agreed to pursuant to the requirements of the Flex Rate disposition program.