Title
To declare surplus and to direct the sale of certain City-owned real estate for nominal consideration to The Maggie Walker Community Land Trust for the purpose of facilitating the redevelopment thereof.
Body
THE CITY OF RICHMOND HEREBY ORDAINS:
? 1. That the real estate owned by the City of Richmond, with Tax Parcel Numbers as shown in the 2021 records of the City Assessor and on the document entitled "List of City-Owned Parcels Recommended for Sale to MWCLT," a copy of which is attached to, incorporated into, and made a part of this ordinance, being hereinafter referred to individually each as a "Parcel," is declared surplus real estate and is directed to be sold for nominal consideration to The Maggie Walker Community Land Trust, as the City's designated land bank pursuant to Ordinance No. 2017-196, adopted February 26, 2018, for the purpose of facilitating the redevelopment thereof, notwithstanding the provisions of sections 8-58(c) or 8-60 of the Code of the City of Richmond (2020), as amended, to the contrary, but otherwise in accordance with the applicable provisions of Chapter 8 of the Code of the City of Richmond (2020), as amended, the Charter of the City of Richmond (2020), as amended, the Code of Virginia (1950), as amended, and the Constitution of Virginia.
? 2. That, pursuant to section 8-65(b) of the Code of the City of Richmond (2020), as amended, the sale described in section 1 of this ordinance shall be conditioned upon all of the following:
(a) The Maggie Walker Community Land Trust shall develop each Parcel for use as affordable housing or as a community garden, subject to the approval by the Director of Housing and Community Development in accordance with applicable laws and regulations of the submissions made pursuant to subsections (b), (c), (e), and (f) of this section.
(b) The Maggie Walker Community Land Trust shall, within six months after the sale of each Parcel by the City to The Maggie Walker Commun...
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