REPORT TO THE CITY COUNCIL
August 17, 2017
FROM: JENNIFER K. CLARK, DIRECTOR
Development and Resource Management Department
THROUGH: KELLI FURTADO, ASSISTANT DIRECTOR
Development and Resource Management Department
BY: PHIL SKEI, NEIGHBORHOOD REVITALIZATION MANAGER
Development and Resource Management Department
SUBJECT
Title
Actions pertaining to the sale of 125 and 129 North Diana Street (APN 459-333-21T):
1. Approve the sale of a .24 acre lot at 125 and 129 North Diana Street (APN 459-333-21T) to Community Regional Medical Center for the appraised value of $32,000 (District 7)
2. ***RESOLUTION - 9th amendment to the Annual Appropriation Resolution (AAR) No. 2017-165 appropriation of $32,000 in proceeds from the sale for property abatement in priority neighborhoods. (Requires 5 affirmative votes) (Subject to Mayor's veto)
Body
RECOMMENDATIONS
Staff recommends Council:
1. Approve the sale of a .24 acre vacant lot located at 125 and 129 North Diana Street (APN 459-333-21T) to Community Regional Medical Center for the $32,000 appraised value and authorize the City Manager, or designee, to sign all documents necessary to complete the transaction; and
2. Approve AAR No. 2017-165 appropriating the $32,000 sale proceeds to the General Fund for property abatement in priority neighborhoods identified through Restore Fresno and monitored by the City's Neighborhood Revitalization Team.
EXECUTIVE SUMMARY
In January 2007, the City of Fresno (City) purchased a .24 acre vacant lot located at 125 North Diana (APN 459-333-21T). The property has been marketed to the City's network of affordable housing developers multiple times over the past ten years but no viable solution has been reached. In addition to being an attractive nuisance, the property requires ongoing abatement by the City that costs approximately $1,850 in maintenance annually. These issues are impeding efforts to revitalize the Yokomi neighborhood. Community Regional Med...
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