Subject: Communication sponsored by Mayor Mason to approve the acquisition of 1216 Geneva St. per the Right of First Refusal defined in the recorded Land Use Restriction Agreement. Recommendation of the CDBG Advisory Board on 04-08-24: To approve the acquisition of 1216 Geneva St. and that CDBG funds be allocated for the rehabilitation of the property, preparing it for resale. Fiscal Note: Budgetary impact will be based on the price determined by pending foreclosure proceedings, there are sufficient CDBG funds to purchase the property.

Committee

Community Development Block Grant Advisory Board

Introduced

March 8, 2024

On agenda

April 15, 2024

Passed

April 15, 2024