Title
Resolution to Declare as Surplus and Dispose of City Owned Property (B)
Request to declare as surplus and dispose of City owned properties -Tax Parcels #13956, #13911, #13913-001
Explanation
These properties, known as Tax Parcels #13956, #13911, #13913-001are located along NW 5th Avenue within the Gainesville Community Redevelopment Agency’s (CRA) Fifth Avenue Pleasant Street Redevelopment Area (FAS). In August of 2013, the GCRA agreed in principal to partner with the Gainesville Florida Housing Corporation Inc. (GFHC), the owner of the former Seminary Lane Property, to redevelop the vacant 5.9 acre site. To that end the three City owned parcels which are adjacent to the vacant Seminary Lane site offer the CRA with an opportunity to plan and develop the City owned properties along with the former Seminary Lane property.
In accordance with the Real Property Policies adopted by the City Commission on April 18, 2013 (Resolution No. 100630), this item requests the City Commission adopt a resolution finding and declaring that the properties are surplus. As defined in the Policies, surplus means “property which no longer serves a public purpose, or is in excess of the City’s needs, or the sale of which would serve a greater public purpose than the retention of the property.” If the Commission adopts the resolution, the Community Redevelopment Agency will develop and/or dispose of the property in a competitive manner, subject to the following conditions: the property will be redeveloped as a mixed-use development with the potential for commercial business development, and low income workforce, affordable, and market-rate housing. The disposition of this property will allow the GCRA the opportunity to develop the three parcels in combination or separately from the vacant 5.9 acre former Seminary Lane site. Subsequent to the disposition of the properties to the GCRA the GCRA will enter into an Option Agreement with the City on the parcels. Upon executi...
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