2005_Ordinances - Laserfiche WebLink

Home Browse Search

• AN ORDINANCE AUTHORIZING THE CONVEYANCE OF THREE (3) CITY -OWNED LOTS TO PIEDMONT HOUSING ALLIANCE WHEREAS, Piedmont Housing Alliance wishes to acquire three (3) City - owned lots, identified as Parcels 129 and 130 on City Real Estate Tax Map 47A (designated as 1230 and 1232 Holmes Avenue, respectively), and Parcel 47 on City Real Estate Tax Map 25 (a lot at the intersection of 5`h Street and Berring Street), hereinafter referred to as the "Property"; and WHEREAS, Piedmont Housing Alliance intends to cause the development of affordable housing, in the form of a single-family, detached, owner -occupied residence, compatible with the surrounding neighborhood, on each lot; and WHEREAS, the City staff recommends that (1) City Council donate the above-described Property to Piedmont Housing Alliance, with conditions for development of each lot as a single-family, owner -occupied residence, and (2) a deed of trust lien be placed on each lot equal to the 2005 appraised value of said lot, with the lien becoming due and payable if the lot is sold within thirty (30) • years of the City's conveyance of the Property; and WHEREAS, in accordance with Virginia Code sec. 15.2-1800 (B), a public hearing was held to give the public an opportunity to comment on the proposed conveyance of the City property as requested by Piedmont Housing Alliance; and, WHEREAS, the City Engineer, the City Traffic Engineer and the Public Utilities Manager have reviewed the proposed conveyance and have no objection thereto; NOW, THEREFORE, BE IT ORDAINED by the Council of the City of Charlottesville, Virginia that the Mayor is authorized to execute a deed, in form approved by the City Attorney, for the three above-described lots located on Holmes Avenue and 5"i Street, S.W. The City Attorney is hereby authorized to take whatever steps are necessary to effect the closing of said property conveyance. Approved by Council March 7, 2005 C c of City Council