HomeMy WebLinkAbout1977-01-19 - Minutes - Archive•
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MINUTES OF REGULAR MEETING OF THE HOUSING AUTHORITY
OF THE CITY OF FAYETTEVILLE, ARKANSAS
The Housing Authority of the City of Fayetteville, Arkansas met in
Regular Session at 8:30 o'clock a.m., Wednesday, January 19, 1977,
in the office of the Authority, #1 North School Avenue, Fayetteville,
Arkansas.
Mr. Gould, Chairman, called the meeting to order.
Upon roll call, the following were present:
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Commissioners: Gould,Underwood, Taylor,.Endress
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Commissioners Absent: Morgan
Others Present: Chad Kumpe, Bromo Wilson,Wayne Williams,
Pat Warford, Pat Donat, Sally Kirby, Hugh Kincaid
There being a quorum present, the following business was transacted:
The Minutes of the December 15, 1976 Regular Meeting were approved by
motion of Mr. Taylor, seconded by Mrs. Endress, and carried unanimously.
The Minutes of the December 17, 1976 Special Meeting were approved by
motion of Mr. Taylor, seconded by Mrs. Endress, and carried unanimously.
The Minutes of the December 21, 1976 Special Meeting were approved by
motion of Mr. Taylor, seconded by Mrs. Endress, and carried unanimously.
The December Financial Statement was approved by motion of Mr. Taylor,
seconded by Mrs. Endress, and carried unanimously.
Mr. Gould asked for nominations for the office of Chairman of the Board.
Mr. Taylor nominated Mr. Underwood; the motion was seconded by Mrs. Endress.
There being no other nominations, Mr. Underwood was declared Chairman for
the coming year.
Mr. Gould asked for nominations for the position of Vice -Chairman. Mr. Taylor
nominated Mr. Morgan; motion was seconded by Mrs. Endress. .There being
no other nominations, Mr. Morgan was declared Vice -Chairman for the coming
year.
RESOLUTION NO. 255
A RESOLUTION OF THE BOARD OF COMMISSIONERS
OF THE HOUSING AUTHORITY OF THE CITY OF
FAYETTEVILLE, ARKANSAS, ESTABLISHING
REVISED FAIR MARKET VALUES FOR DISPOSITION
OF LAND - PROJECT ARK.IR-105
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Mr. Kumpe explained that appraisals cannot be used to dispose of property
if the appraisals were made more than 18 months before the disposition.
The original: appraisals on Parcels C-4, C-5, C-6 and C-7 were made in
1973. These appraisals had to be updated. Mr. Kumpe stated that the
Board, by this Resolution, can set the fair market values for these
parcels of land. Mr. Taylor moved that the Board set the fair market
values of these parcels according to the appraisals established by
Mr. Jim Sullivan. Motion seconded by Mrs. Endress, and carried unanimously.
Concerning the disposition of Parcel R-4, Mr. Kumpe stated that the sale
of the parcel has been completed to Rogers Investment Company. This company
plans to use this property for a parking facility.
Mr. Kumpe stated that the Board will probably be able to set fair market
value on the Old Post Office by the next Board meeting.
Mr. Kumpe informed the Board of two House Bills (HB -232 and HB -214) which
will allow the City Council to appoint Housing Authority Commissioners and
also allow: -the City Council to get rid of Board members of a Housing Authority
for any reason they see fit. He has written a letter to Mr. Carl Rose of
the House of Representatives expressing his dissapproval of these Bills.
There being no further business, the meeting was adjourned.
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ATTEST: V t
THE HOU/S{NG AUTHORITY OF THE
CITY 9F FAYETTEVILLE, „ S
CHAIRMAN
RESOLUTION N0. 255
A RESOLUTION OF THE BOARD OF COMMISSIONERS
OF THE HOUSING AUTHORITY OF THE CITY OF
FAYETTEVILLE, ARKANSAS, ESTABLISHING
REVISED FAIR MARKET VALUES FOR DISPOSITION
OF LAND - PROJECT ARK. R-105
WHEREAS, the Housing Authority proposes to make available for
redevelopment certain lands in the aforementioned project; and
WHEREAS, by Resolution No. 116, dated January 31, 1973, fair
market values were established; and
WHEREAS,Ithe fair market values established in 1973 need to
be updated at this time in order to dispose of the aforementioned
property; and
WHEREAS two updated reuse appraisals have been made of said
lands.
NOW, THEREFORE BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF
THE HOUSING AUTHORITY OF THE CITY OF FAYETTEVILLE, ARKANSAS, THAT:
• 1. The attached listing of parcels and values are hereby
established and adopted.
2. The Executive Director is hereby authorized and instructed
to prepare and submit said values to the Department of Housing and
Urban Development by proclaimer certificate.
3. The Authority shall proceed to solicit and accept proposals
for redevelopment on said parcels in accordance with the requirements
of applicable Federal and State laws and regulations.
PASSED AND APPROVED THIS 19 DAY OF January 1977.
THE HOUSING AUTHORITY OF THE
CITY OF FAYETTEVILLE, ARKANSAS
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Parcel
SCHEDULE OF DISPOSITION TRACTS
AND VALUE FOR RESOLUTION NO. .755
Sq.Ft.
First
Appraisal *
Second
Appraisal **
C-4
C-5
c-6
C-7
5,425
11,470
2f,;534
2,640
$28,500
5.25/sq.ft.
57,350
5.00/sq.ft.
113,050
5.25/sq.ft.
10,560
4.00/sq.ft.
$27,125
5.00/s.q.ft.
56,200
4.90/sq.ft.
113,053
5.25/sq.ft.
10,300
3.90/sq.ft.
Market
Value
$ 27,125
56,200
113,053
10,300
METHOD OF SALE OF THE AFOREMENTIONED PARCELS SHALL BE BY FIXED-PRICE
COMPETITION METHOD.
*First Appraisal made by 0. J. Snow 10/8/76.
**Second Appraisal made by James Sullivan 12/29/76.
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PROCLAIMER CERTIFICATE RELATIVE TO
ESTABLISHMENT OF FAIR REUSE VALUE
I, Chad Kumpe, the duly appointed, qualified, and acting Executive
Director of the Housing Authority of the City of Fayetteville, Arkansas,
herein called the "Local Public Agency," hereby certify that I have
been authorized, by Resolution No. 255 , duly adopted by the Board
of Commissioners of the Local Public Agency at a regular meeting on
1/19/77 , as set forth in the minute book on file at the
Housing Authority, to make the following certification and that the
statements contained herein are true and correct to the best of my
knowledge and belief:
1. Each parcel in the Center Square Urban Renewal Area, Project No. Ark. R-105,
listed in this proclaimer certificate has been appraised by at least two
qualified, independent, professional real estate appraisers and a written
and signed copy of each such appraisal is contained in the Local Public
Agency files.
2. Each such appraisal has been reviewed by Chad Kumpe, a qualified Local
Public Agency staff appraiser and all corrections, revisions, or additions
requested by such reviews have been made by the original appraisers.
3. The reviewer has prepared a written report which indicates that the appraisals
are complete and consistent in the factual data contained therein, comply with
existing statutory and administrative requirements of the U.S. Department of
Housing and Urban Development and are acceptable for the determination of fair
value.
4. Based upon such appraisals and the review thereof, the Local Public Agency has
established the fair value, for the reuse indicated, of the parcels listed
below within the Center Square Urban Renewal Area and all documentation
related to such determination is contained and readily available in the
Local Public Agency files.
5. The sum of thefollowing is not less than the amount included for disposition
proceeds in the latest approved financing plan as approved by HUD on
December 22, 1971.
or
a. Sales proceeds from the sale of property previously conveyed.
b. Fair reuse values previously approved by HUD for properties not conveyed.
c. Fair reuse values previously established by the LPA for property not
conveyed but included in prior proclaimer certificates.
d. Fair reuse values established by the LPA for property included in the
proclaimer being filed.
e. The disposition prices of the remaining properties to be conveyed as
those prices were estimated for the purpose of the above mentioned
approved financing plan. -
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LISTING OF PARCELS TO BE SOLD
PARCEL NUMBER AREA IN SQUARE FEET USE
C-4 5,425 Commercial
C-5 11,470 Commercial
C-6 21,534 Commercial
C-7 2,640 Commercial
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Any false statement made knowingly herein may subject the signer to
civil penalties under Section 231 of Title 31 of the United States
Code and, if such statements are made willfully and knowingly, to
conviction for a felony under Section 1001 of Title 18 of the United
States Code.
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Date
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Chad Kutpe
Executive Director
Housing Authority of the City of
Fayetteville; Arkansas 72701
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