Title
To declare surplus and to direct the sale of City-owned real estate located at 313 North 24th Street and 2407 East Marshall Street for [$250,000] $325,000 to Sterling Bilder, LLC, for the purpose of the construction of a mixed-use development including commercial, residential and civic space. (As Amended)
Body
O & R Request
DATE: September 15, 2014 EDITION: 1
TO: THE HONORABLE MEMBERS OF CITY COUNCIL
THROUGH: THE HONORABLE DWIGHT C. JONES, MAYOR
THROUGH: CHRISTOPHER L. BESCHLER, INTERIM CHIEF ADMINISTRATIVE OFFICER
THROUGH: NORMAN BUTTS, DEPUTY CHIEF FINANCIAL OFFICER, FINANCE & ADMINISTRATION
THROUGH: JAY A. BROWN, INTERIM DIRECTOR, BUDGET AND STRATEGIC PLANNING
THROUGH: PETER H. CHAPMAN, DEPUTY CHIEF ADMINISTRATIVE OFFICER, ECONOMIC DEVELOPMENT & PLANNING
FROM: PETER L. DOWNEY, DIRECTOR, ECONOMIC & COMMUNITY DEVELOPMENT
RE: TO DECLARE AS SURPLUS AND AUTHORIZE THE CHIEF ADMINISTRATIVE OFFICER TO CONVEY THE CITY-OWNED PROPERTY LOCATED AT 313-315 N. 24TH STREET AND 2407 E. MARSHALL STREET
ORD. OR RES. No.
PURPOSE: To declare as surplus and authorize the conveyance of the City-owned property located at313-315 N. 24TH STREET (Tax Parcel # E0000338022) and 2407 E. MARSHALL STREET (Tax Parcel # E0000338028) to Sterling Bilder, LLC a Virginia limited liability company (Purchaser).
REASON: This property was formerly part of the Nolde Bakery's property portfolio and is now owned and maintained by the Department of Parks, Recreation and Community Facilities (DPR&CF). Currently, the property is underutilized and DPR&CF stores a small amount of old decorations and sporting equipment. The building is in need of significant repairs and alterations. DPR&CF reports that the p...
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