HomeMy WebLinkAboutCouncil Resolution 1523 RESOLUTION NO. I Z '
A RESOLUTION DECLARING CERTAIN REAL PROPERTY AT 75 BUSH STREET/466
SOUTH FIRST STREET SURPLUS AND AUTHORIZING THE SALE OF SUCH PROPERTY
Recitals:
A. The City of Central Point acquired a parcel of residential real property located at 466 South First
Street and related commercial business at 75 Bush Street consisting of .18 acres, more
particularly described in the attached deed at Exhibit "A" incorporated herein by reference, and
commonly referred to as Map No. 372W11BC, Tax Lot 3800 (the "Property"), at a foreclosure
sale following a long history of criminal activity and chronic nuisance for the accumulation of
junk. Attempts were made to work with the Property owners and/or occupants but the activity
would return. The Council approved Resolution No. 1496 to commence the foreclosure process
on the Property. However, while working through the process of getting the City's notice of
foreclosure lien sale published it was discovered that the priority lien holder on the Property
had already set a foreclosure sale for September 6th, 2017.
B. Council authorized City staff to bid on the Property at the foreclosure sale. Following successful
bidding at the sale, the City filed an action in Circuit Court to evict the occupants, and following
inspection of the Property determined that the structures required demolition, which has now
been completed.
C. The City has no other reasonable use for the Property and its sale will help to offset the
City's cost of enforcement, initiation of foreclosure process, and subsequent purchase of
the Property to resolve the chronic nuisance.
D. The City has determined that no public purpose would be furthered by retaining
ownership of the above Property and that said Property is deemed surplus and should
be sold and listed with an agent based upon the fair market value or appraised value of
the Property or at a publicly advertised auction to the highest bidder.
The City of Central Point resolves as follows:
Section 1. The Property is declared to be surplus.
Section 2. The Property shall be sold and listed with an agent based upon its fair market value,
appraised value, or at a publicly advertised auction to the highest bidder. The City Manager or
his designee is authorized to retain a realtor and take any other steps necessary to effectuate
the terms of this resolution.
Res. No. i Sal ;January 11, 2018 Page 1
Passed by the Council and signed by me in authentication of its passage this I/ day of
January, 2018.
Mayor Hank Williams
ATTEST:
/7)
City Recorder
Res. No. ( ,3 ; January it, 2018 Page 2