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The Redevelopment Authority <br /> December 21, 2011 Meeting Minutes <br /> Ms. Pfotenhauer asked if there are any provisions attached for the owners to <br /> maintain the properties at a certain level. Mr. Sikora said there is nothing in the <br /> sales agreement. Mr. Michael knows one of the homes he is purchasing is going to <br /> need some work. We feel we have an understanding with him but nothing is <br /> written into the contract. The other gentleman has agreed to keep the house for at <br /> least two years. Ms. Pfotenhauer asked if provisions are usually made when we <br /> sell homes. Mr. Sikora said he didn't know. Ms. Greene asked if we were <br /> donating them to the people. Mr. Sikora said they are being sold for less than the <br /> appraised value. They have been appraised and offered, without success through <br /> the disposition process. Ms. Pfotenhauer said we should consider putting <br /> conditions in the agreements that would require people to maintain a certain <br /> standard so that neighborhoods would be able to redevelop. Mr. Thomas said he <br /> knows Mr. Michel will do a good job but we cannot be certain about others who <br /> may want to purchase the homes. Mr. Sikora said Mr. Gordon has screened <br /> potential purchasers and weeded out those who would not be an asset. Ms. <br /> Pfotenhauer thought it is in the City's best interest to have it in writing a standard <br /> the City expects a homeowner to maintain when they purchase one of our <br /> properties. Mr. Sikora said there are nine more properties that will be sold so he <br /> will work with the legal department to draft provisions for those sales. Ms. <br /> Pfotenhauer said she would like to have that communicated as a serious <br /> recommendation to the staff. <br /> Upon a motion by Ms. Pfotenhauer, seconded by Mr. Thomas, the Authority <br /> approved Resolution No. 175 authorizing the transfer real property to the <br /> Redevelopment Commission. <br /> 4. NEXT MEETING DATE: January 16, 2012 <br /> 5. ADJOURNMENT <br /> There being no further business to come before the Redevelopment Authority the meeting <br /> was adjourned at 1:40 p.m. <br /> er— :resident <br /> Carte olyn Pfotenhauer, - resident Donald Inks, Director <br /> co,.; <br /> 2 <br />