Title
Resolution Approving the Sale of Land and Conveyance of Parcel 22 Douglas Street under the ISP Program, West Seventh District 9.
Body
WHEREAS, the Housing and Redevelopment Authority of the City of Saint Paul, Minnesota (HRA), has duly adopted and there is now lawfully in effect in the City of Saint Paul, Minnesota, a City Wide Comprehensive/Redevelopment Plan (Plan) providing for the acquisition, clearance and resale of land for redevelopment which includes the West Seventh District 9 area within the Plan and the City Consolidated Five-Year Plan; and
WHEREAS, on August 8, 2007 the City Council approved the issuance of STAR Bonds under (Resolution 07-725) and approved overall ISP budget under (Resolution 07-726); HRA approved by Resolution 07-08/08-3 the Invest Saint Paul Program (ISP) Initiative, Work Plan and Budget; and
WHEREAS, on February 25, 2009 the HRA approved the Neighborhood Stabilization Program and Rebuilding Plan 2009-2013 under Invest Saint Paul Initiative and approved a budget amendment to carry out Programs/Plans which included the acquisition of properties in designated ISP/NSP areas; and
WHEREAS, the increased economic stress these neighborhoods are under with high vacancy and foreclosures creates an opportunity to secure strategic properties in accordance with the ISP/NSP Programs and the Strategic Acquisition Criteria that has been identified and guides the selection of properties for acquisition and addresses the issues and concerns identified by the communities through an extensive neighborhood outreach effort undertaken through the Invest Saint Paul Initiative; and
WHEREAS, the property at 22 Douglas Street was acquired under the ISP Program on July 12, 2007, the house had been vacant for several months after being forfeited to the State and the community wanted to ensure it remained owner-occupied; and
WHEREAS, HRA is offering NSP/ISP houses through a fair and open marketing process which complies with the Department of Housing and Urban Development’s Fair Housing Advertising policy (Part 109) and fair marketing practices; and
WHEREAS, Juan J. Fuentes and Brittney M. Schuller wish to purchase the property at 22 Douglas Street which had been totally rehabilitated by HRA and available for purchase under the ISP/NSP Program; and
WHEREAS, said proposal, pursuant to due notice thereof was published in the Saint Paul Pioneer Press on May 11, 2013, and a public hearing on said proposal and proposed sale and provisions thereof, was held on Wednesday, May 22, 2013 at 2:00 p.m., Central Daylight Time, third floor City Hall, 15 West Kellogg Boulevard, in the City of Saint Paul, Minnesota; and
WHEREAS, the HRA, pursuant to the provisions of Minnesota Statutes, Section 469.029 and 469.032 agrees to sell the Parcel for use in accordance with the Invest Saint Paul/Neighborhood Stabilization Program and Rebuilding Plan which meets the activities identified in the City Wide Redevelopment Plan and City Consolidated Plan; and
WHEREAS, the HRA and Juan J. Fuentes and Brittney M. Schuller entered into a Purchase Agreement for the sale and conveyance of Parcel 22 Douglas Street on May 6, 2013, a fully rehabilitated single family home in accordance with approved Invest Saint Paul Initiative on file for use as their single family residence; and
WHEREAS, the disposal price of the Parcel is in accordance with and subject to the restrictions of the Invest Saint Paul/Neighborhood Stabilization Program, City Wide Redevelopment Plan and Consolidated Plan which takes into consideration the development/rehabilitation costs.
NOW, THEREFORE, BE IT RESOLVED by the Housing and Redevelopment Authority of the City of Saint Paul, Minnesota as follows
1. That the Purchase Agreement submitted by Juan J. Fuentes and Brittney M. Schuller to purchase Parcel 22 Douglas Street located in District 9 West Seventh, and within Invest Saint Paul/NSP Activity area hereby conforms to the objectives and specific requirements of the Invest Saint Paul Initiative and meets the intended reuse as identified in the City Wide Comprehensive Plan and Consolidated Plan. The Parcel is legally described as:
22 Douglas Street - Lot 11, Block 3, Samuel Leeches Addition and it being desired to fix and establish the boundary lines, said real property is described by metes and bounds as follows: Commencing at the Northwest corner of Lot 10 in said Block; thence Easterly along the Northerly line of said Lot 10, 174.13 feet to the Easterly line of said Lot 10; thence Northerly along the Easterly line of said Lot 11, 51.89 feet to the Southeast corner of Lot 12 in said Block 3 of said Leech’s Addition aforesaid; thence Westerly along the Southerly line of said Lot 12 aforesaid, 173.97 feet to the Westerly line of said Lot 12; thence Southerly along the Westerly line of said Lot 11, 52 feet to the point of beginning.
2. That the method of disposition of the Parcel is in accordance with the Neighborhood Stabilization Program and Rebuilding Plan 2009-2013 under the Invest Saint Paul Initiative, City Wide Redevelopment Plan and Consolidated Plan and is the appropriate method of making the Parcel available for redevelopment.
3. That the sale of Parcel in the amount of $165,000.00 is satisfactory and in accordance with Sec. 469.032 and the Invest Saint Paul Initiative/Neighborhood Stabilization Program requirements and use and restrictions are in conformance with the City Wide Redevelopment Plan and Consolidated Plan.
4. That Juan J. Fuentes and Brittney M. Schuller have the qualifications and financial resources to acquire the Parcel in accordance with the ISP/Neighborhood Stabilization Program and Rebuilding Plan 2009-2013 under the Invest Saint Paul Initiative.
5. That the proposed disposal transaction by and between HRA and Juan J. Fuentes and Brittney M. Schuller is satisfactory in form and complies with the requirements of state and federal law for the Parcel
6. That funds through the ISP/NSP Homebuyer Incentive Program to be used towards the acquisition of the Parcel in the amount of $2,500.00 will be provided under the approved Invest Saint Paul Initiative and will be secured with a Mortgage and Note against the property to ensure the Parcel remains owner occupied.
7. That said Purchaser Agreement is satisfactory and the same is hereby accepted, and the execution and delivery of said Deed of Conveyance to Juan J. Fuentes and Brittney M. Schuller for the Parcel is hereby authorized by the Board of Commissioners to be executed on its behalf by the Chairperson or his/her designated Commissioner of the Housing and Redevelopment Authority of the City of Saint Paul, Minnesota.
8. That financing assistance is satisfactory and meets the terms and conditions of the ISP funding requirements, and other obligations, and the execution and delivery of the said Mortgage documents and other required documents are hereby authorized by the Board of Commissioner of the Housing and Redevelopment Authority of the City of Saint Paul, Minnesota.
9. That the Executive Director of the Housing and Redevelopment Authority of the City of Saint Paul is hereby authorized to negotiate, agree to any amendments/changes, deletions or revisions to conclude the sale and conveyance of this Parcel which do not substantially change the rights or obligations of the Housing and Redevelopment Authority of the City of Saint Paul or Purchaser under the Purchase Agreement and take such further action necessary to implement this Resolution.