Speaker numbers apply only to this recording.
The Joint Committee on Redevelopment of Abandoned and Foreclosed Homes met at 10:00 a.m. on October 16, 2026, in City Hall Room 301-B. Ald. Robert Bauman chaired; roll call included Ald. Russell Stamper, Jr. by assistant, Larry Kilmer, and Spencer Coggs. Department of City Development, Department of Neighborhood Services, and City Attorney's Office staff delivered informational reports on housing programs, demolition, and litigation. No public comments were offered.
We will call the order of the joint the call to order the joint committee on redevelopment of abandoned and foreclosed homes. I'm Aldrin Baum and Chair of the Committee. Why don't we call the roll, please? Russell Stamper. He's he's represented by his assistant, so he's here. Larry Kilmer. Here. Spencer Cox. Excuse. Here. All right, very good. Uh first item is to approve the minutes from October twentieth, twenty twenty-five. Is there a motion to approve the minutes? Some move. Second. All in favor say aye. Aye. First item communication from the Department of City Development and the Housing Infrastructure Preservation Fund. And we received there's a memo in the packet regarding this subject. So please carry. That includes 271214 to 14 West McKinley, 3031 to 3033 West McKinley, 2825 West State Street, 2457 Congress, and 743 North 25th, which just went on the market on October 5th. That's open for bid, which will close on November 9th. So we're hoping to get some uh offers on that property. Um so we have it in uh sort of a 30-day bid period, so we don't actually review any of the offers until November 9th, so that we can meet that initial 30-day listing period when it has to be listed for appraised value. So that's the closing date for the uh November 9th. Uh yeah, so we'll let you know if we get some. Hopefully, we will. Um, we also just uh side note we have three historic commercial properties that we're working on proposals for 1115 East Brady, which we do have a buyer for, 2673 to 79 North MLK, um, which we are working on a proposal. And uh sorry, 2249 North Humboldt, which we have gone through several different potential potential buyers, and we have yet another one. So we have yet another uh potential buyer um still trying to plug away and find somebody that can succeed on uh restoring that property. Yeah, it's falling down. Okay. Um we currently have 408,798 dollars in this fund remaining. Um, and we continue to utilize the fund uh either to explore rehabilitation to the house before we sell it to make the burden lesser on the buyer, as well as offering it as an incentive and a grant after the purchase is made for the buyer to do the the work themselves. There are pros and cons to doing things either way. Um the challenge has really been finding finding people who have the appetite and the skills and the understanding of what they're getting themselves into. We have tried some new strategies with marketing, particularly with 2825 West State Street. Um we've done some social media posts, some videos, we've uh utilized one of our contracted listing brokers to sell it, so we've increased traffic. We're just still struggling to find the right people to purchase the house that are able to get it to where it needs to be. So we've sort of gotten everything staged and ready. We just need the right people to come in and buy the properties and use the people with the skills and the resources. Yes. And our role is negotiable in terms of sale price and grant funds.