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Date
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July 28, 2008
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Agenda
Item No. MHGB9 Roll
Call No. 08- Communication No. 08-450
Submitted by: Chris
Johansen, Housing Services Director |
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AGENDA HEADING:
Approval
of Conveyance of
SYNOPSIS:
Recommend
approval to sell Des Moines Municipal Housing Agency disposition property
located at 325/327 SE Payton to Steven Weber.
FISCAL IMPACT:
Amount: $85,852.78
Funding Source: 2008-2009
Operating Budget, Page 174, Housing Services Department Disposed Homes, HSG021500.
The proceeds
from the sale will be used accordingly:
- Affordable Housing Endowment Fund
(75%)
- Physical Improvements to existing
Manors (25%)
ADDITIONAL INFORMATION:
The Housing
Services Department received approval for its application to dispose of 394
Public Housing units at Fair Market Value, via a public bid on August 19,
2003. Where there is a commensurate
public benefit, according to federal regulations, sales can be negotiated with
a specific buyer.
This property
was offered for sale pursuant to the public bid procedures approved by the
Municipal Housing Governing Board on October 6, 2003 by Roll Call 03-2267.
PREVIOUS COUNCIL ACTION(S):
NONE
BOARD/COMMISSION ACTION(S):
Date:
October 6, 2003
Roll Call Number: 03-2267
Action:
Authorizing implementation and approving procedures, notification and
form of documents for disposition of scattered site units. (Council Communication No. 03-499). Moved by Vlassis to adopt. Motion Carried
5-3.
Date:
November 4, 2002
Roll Call Number:
02-2579
Action:
Approving disposition application of 394 Public Housing Units for submittal to
the U.S. Department of Housing and Urban Development. (Council Communication No. 02-559).
Moved by Vlassis to approve. Motion Carried 5-3. Absent: Daniels,
McPherson and Clark.
ANTICIPATED ACTIONS AND FUTURE COMMITMENTS: NONE
For more information on this and other agenda items,
please call the City Clerk’s Office at 515-283-4209 or visit the Clerk’s Office
on the second floor of City Hall,