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HomeMy WebLinkAboutMEMO TO COUNCIL A fi, � W WATERLOO PLANNING, PROGRAMMING & ZONING COMMISSION 715 Mulberry St. • Waterloo, IA 50703 • (319) 291-4366 Fax (319) 291-4262 @ ��p NOEL ANDERSON • Community Planning &Development Director September 15, 2009 Honorable Tim J. Hurley, Mayor maw, City Council Members iOTI-fi 1. City Hall HE RLEI Waterloo, Iowa Dear Mayor and Council: :OUNCIl. IEMBERS The following is a breakdown of the bids received at the September 8, 2009 Waterloo City Council meeting for the sale of 2554-2556 Edgemont Avenue. • Exceptional Person's Inc. $68,000 REGINALDA. • Jasmink and Slavica Sabic $61,500 SC_HMIlf • Bill Ramsey $60,560 • Jeffery Armstrong $61,001 CA_ROLYN • Patricia Schlindwein $53,000 plus Trade COLE. T., ;_ After reviewing the proposals submitted, it is the recommendation of Community and Planning Staff, that bid proposals from Exceptional Person's Inc. and Jasmink and ILAROLD Slavica Sabic be considered as the top bids received. GEM t, . ; They are both proposing the standard necessary repairs such as updating the electrical, plumbing, install vinyl siding etc. Exceptional Person's Inc. will also convert Llj ENTIN M. the property to a fully wheelchair accessible residence for six persons with disabilities. HART Mr. and Mrs. Sabic will keep the property as duplex and live on one side while their Mr,'4 daughter will live on the other. The Sabic's also proposed to build a double garage on the property. RON ivELLER Also, with the property sold to an individual versus a non-profit organization, there is 1'Lra the potential for a fair amount of taxes generated. Planning staff has estimated that BOB over a ten-year period at an assessed value of$80,000, there would be approximately GREEN-AVE/OD $15,000 in taxes. However, staff does recognize the valuable services that are _at_I:,,._e provided in the community by Exceptional persons. 4TF`E At the September 21, 2009 Building and Grounds Committee meeting, the Committee SCTjn;I_iIT agreed with staff and voted to recommend that Mr. and Mrs. Sabic's bid be accepted 4 I-Lo >{ as the top bid and most beneficial to the City of Waterloo. Therefore, we request the City Council to authorize the Mayor and Clerk to sign and fully execute the sale of property in question. If you have any questions or need any additional i• • ma '• - •:rding this matter, please do not hesitate to contact our office. Sincerely, Noel Anderson Director of Planning & Development NA/cw cc: Dave Zellhoffer Assistant City Attorney CITY WEBSITE: www.ci.waterloo.ia.us WE'RE WORKING FOR YOU! An Equal Opportunity/Affirmative Action Employer