title
To declare that a public necessity exists and to authorize the Chief Administrative Officer or the designee thereof, for and on behalf of the City of Richmond, to acquire, at a tax delinquent judicial sale, the property located at 1723 North 21st Street and to authorize the conveyance of such property for $27,500.00 to Chris Taylor Properties, LLC for the purposes of eliminating blight and making such property available for redevelopment.
body
WHEREAS, pursuant to sections 58.1-3965 through 58.1-3975 of the Code of Virginia (1950), as amended, the City of Richmond is authorized to acquire tax delinquent properties sold pursuant to sections 58.1-3965 through 58.1-3975 of the Code of Virginia (1950), as amended, or pursuant to any other provision of law for the enforcement of tax liens; and
WHEREAS, the property located at 1723 North 21st Street, with Tax Parcel No. E000-0938/024, has been sold at a judicial sale for delinquent taxes; and
WHEREAS, the City desires to acquire the aforesaid property for the purposes of eliminating blight and making such property available for redevelopment; and
WHEREAS, any such acquisition is subject to the approval of the Circuit Court of the City of Richmond; and
WHEREAS, upon acquisition, the City desires to convey the aforesaid property to Chris Taylor Properties, LLC by special warranty deed for the purposes of eliminating blight and making such property available for redevelopment; and
WHEREAS, the Chief Administrative Officer’s authority to convey the aforesaid property to Chris Taylor Properties, LLC is contingent upon the City’s acquisition of the aforesaid property and is, therefore, null and void if the Circuit Court of the City of Richmond should reject the City’s offer to acquire;
NOW, THEREFORE,
THE CITY OF RICHMOND HEREBY ORDAINS:
§ 1. That pursuant to sections 58.1-3965 through 58.1-3975 of the Code of Virginia (1950), as amended, the Chief Administrative Officer, or the designee thereof, is hereby authorized to acquire, at a tax delinquent judicial sale, the property located at 1723 North 21st Street, with Tax Parcel No. E000-0938/024, for the purposes of eliminating blight and making such property available for redevelopment.
§ 2. That upon acquisition of said property and in accordance with section 8-68 of the Code of the City of Richmond (2015), as amended, the Chief Administrative Officer, or the designee thereof, is hereby authorized on behalf of the City of Richmond to convey the property located at 1723 North 21st Street, with Tax Parcel No. E000-0938/024, to Chris Taylor Properties, LLC for $27,500.00 for the purposes of eliminating blight and making such property available for redevelopment. Such sale shall be subject to and conditioned upon appropriate requirements, limitations or conditions to encourage the redevelopment of the subject property and the elimination of blight.
§ 3. This ordinance shall be in force and effect upon adoption.