DEPARTMENT: Center City Development and Operations
DEPARTMENT HEAD: Lori Houston
COUNCIL DISTRICTS IMPACTED: 2
SUBJECT:
Sale of OUR SA Properties
SUMMARY:
This ordinance authorizes the sale of two real estate parcels located at 103 Connelly legally described as Lot 17, Block 2, NCB 1492; and Hedges, legally described as Lot 13, Block 3, NCB 1495 in Council District 2.
BACKGROUND INFORMATION:
On February 2013, the Office of Urban Redevelopment of San Antonio (OUR SA) Board of Commissioners approved a Resolution to begin the disposition of all of OUR SA surplus properties which included 103 Connelly and a 0.2813 acre property on Hedges Street in District 2.
103 Connelly consists of 0.3742 acres of undeveloped property at the SW corner of Hedges and Connelly in District 2. The Hedges property is directly east and across Connelly and consists of 0.2813 acres of undeveloped property at the SE corner of Hedges and Connelly in District 2. OUR SA acquired both properties in 1986. The surrounding land uses include a mixture of light industrial manufacturing and shipping, commercial, religious, as well as single family residential. The properties are zoned I1 which allows for light industrial uses. The properties have been vacant since acquisition and currently have a combined BCAD appraised value of $20,370.
Area stakeholders were consulted on the best community use of the property and several options were explored, but the acreage, zoning, and surrounding uses limited the utility of the property. Staff also approached the adjacent owners with the opportunity to purchase the properties but found no interest.
Public notice was made for the sale of the properties in accordance with City policy and one bid to purchase both properties for $16,000 was received in January 2015 by JMI Inc.
In February 2015, the Board voted to approve the sale of both properties to JMI which was then subsequently approved by the Planning Com...
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