Title
AN ORDINANCE AUTHORIZING THE CONVEYANCE OF CERTAIN REAL PROPERTY IN THE LINCOLN PARK NEIGHBORHOOD TO ECOLIBRIUM3 FOR $3,596.
Body
CITY PROPOSAL:
The city of Duluth does ordain:
Section 1.
(a) Pursuant to Section 2-176(a) of the Duluth City Code, 1959, as amended (the "Code"), the city council stated its intention to sell or convey certain property as set forth in Resolution 17-0614 and legally described as East Half (E 1/2) of Lot Three Hundred Twenty-eight (328), Block Thirty-seven (37), DULUTH PROPER, SECOND DIVISION, according to the recorded plat thereof (the "Property").
(b) Pursuant to Section 2-176(b) of the Code, the City's planning department reviewed the proposed conveyance of the Property for conformity to the City's comprehensive plan and reported that the conveyance of the Property conforms with said comprehensive plan and the Property is surplus to the City's current or future needs.
(c) Pursuant to Section 2-176(c) of the Code, the city determined that the estimated market value of the property is $35,960.
Section 2.
(a) Pursuant to Section 2-177.4 of the Code, the city may convey property to a non-governmental entity at less than market value if the city council finds that such conveyance will further other important city interests or objectives and that such conveyance is necessary to the accomplishment of such interests.
(b) Development of the Property was originally completed using HUD funding through the Community Development Block Grant ("CDBG") program. The CDBG funds were allocated to support economic development in the Lincoln Park neighborhood. The HUD requirements for the Property have been met, but the neighborhood remains CDBG eligible. The Property currently remains mostly vacant with limited use by the Duluth Citizen's Patrol for Lincoln Park ("Citizen's Patrol"). The building on the Property has a number of deferred maintenance items that require attention within a short timeframe, including a roof repair.
(c...
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