Background: These parcels have been identified as blighted structures on underutilized land. The property has the potential cleaned up and marketed for commercial redevelopment. Analysis: The acquisition of these properties will provide an opportunity to eliminate slum and blight, and to market a large tract of land for commercial development along Cusseta Road. These properties are needed for continued redevelopment of the Enterprise Zone. Financial Considerations: The current balance of the Enterprise Zone Fund is $1.2 million. The balance after the purchase of these properties will be approximately $835,000. Legal Considerations: Council must approve all matters related to real estate. Recommendations: Approve a resolution authorizing the City Manager to acquire the properties located at 2100, 2102, 2200, 2210 Cusseta Road and 2111 N. Andrews Circle in the amount of $365,800 for the continued redevelopment of the Enterprise Zone. Map of Properties along Cusseta to be acquired.pdf
Councilor Allen voting __________. Councilor Baker voting __________. Councilor Barnes voting __________. Councilor Garrett voting __________. Councilor Davis voting __________. Councilor Henderson voting __________. Councilor Huff voting __________. Councilor Thomas voting __________. Councilor Turner Pugh voting __________. Councilor Woodson voting __________. _______________________________ __________________________ Tiny B. Washington, Clerk of Council Teresa Pike Tomlinson, Mayor