Civetta Property Group, LLC
Competitive sale to Civetta Property Group, LLC (M
1 housing units sold, across 1 properties · Civetta Property Group, LLC
What is missing from the record
Every step has a date on record. Nothing is missing from the records we hold.
Where this project stands
Five steps, from the Board agenda to the closing. A disposition is the sale or transfer of a Land Bank property. The Council step is City Council's approval of the sale, which comes after the Board's approval.
- 1. On a Board agendaDoneJun 8, 2021
- 2. Board approvalDoneJun 8, 2021
- 3. Council approval of the dispositionDoneJun 17, 2021
- 4. Deed into the Land BankDoneDec 3, 2018
- 5. ClosingDoneJul 1, 2022
Board hearings
One row for each Board hearing where this project was on the agenda. Fewer than six approving votes means no decision was reached; it is not a denial. Speakers and letters are public comments on the item.
| Date | Agenda item | Outcome | Vote as recorded | Public speakers | Letters |
|---|---|---|---|---|---|
| Jun 8, 2021 | 4.A.1 | Approved | unanimous | 1 | 0 |
| Nov 15, 2022 | IV(1) | Approved | unanimous | 3 | 0 |
Closings
From the Land Bank's settlement records.
| Purchaser | Closing date | Price | Appraised value | Units | Council resolution |
|---|---|---|---|---|---|
| Civetta Property Group LLC | Jul 1, 2022 | $10,000 | $120,000 | 1 | 210566 |
Days from the first Board approval to each closing: 388.
People and organizations
- Applicant
- Civetta Property Group, LLC
Public comment
A position is counted only where the person stated one at a hearing or in a letter. Letters read aloud at a meeting are staff summaries, not the writer's own words. Officials and people speaking for an organization are named; residents who spoke for themselves are counted, not named.
Across all hearings: 4 public speakers and 0 letters, with 0 statements of support and 0 of opposition.
From the record
Passages quoted from the Board's minutes, packets and transcripts. 4 of 4 shown.
… had no report to present at this month’s meeting. Item 4 Property Dispositions A. Development – Competitive Sales • 1921 S. 6th Street to Civetta Property Group, LLC (CD1) Mr. Lawrence asked the Board to approve the disposition of 1921 S. 6th Street to Civetta Property Group, LLC for the development of a single-family rental unit for lease to a tenant a household income of 81-120% of the area median income (AMI). The applicant was the only qualified bidder for the competitive sale posting, at a bid price of $10,000. Evidence of project financing was provided. The applicant is compliant and…
Minutes · Jun 8, 2021, item 4.A.1 · packet p. 4 · PLB Board Package for 7.13.2021 Board Meeting.pdf
Agenda · Jun 8, 2021, item 4.A.1 · packet p. 1 · PLB Board Package for 6.8.2021 Board Meeting.pdf
IV(1) Mr. Lawrence asked the Board to approve an amendment to Resolution No. 2021-30, which approved the conveyance of 1921 S. 6th Street for the development of one affordable single-family rental unit at no more than 120% of Area Median Income. The amendment will approve the conversion of the unit to an affordable single-family home to be sold at $275,000 to a purchaser with a household income not exceeding 100% of AMI, which allows the home to be eligible for a “Turn the Key” program subsidy to the home purchaser. The home will be subject to resale restrictions and require income certificat…
Minutes · Nov 15, 2022, item IV(1) · packet p. 5 · PLB Board Package for 12.13.2022 Board Meeting.pdf
Agenda · Nov 15, 2022, item IV(1) · packet p. 1 · PLB Board Package for 11.15.2022 Board Meeting.pdf
Properties (1)
| Address | OPA account number | Status | Deed into the Land Bank | Closing date | Entered the Land Bank via |
|---|---|---|---|---|---|
| 1921 S 6TH ST | 392327500 | Closed | Dec 3, 2018 | Jul 1, 2022 | private or other |
Sources: Board minutes and packets; PHDC workbook. Built from the Land Bank Board's minutes, packets and transcripts, the Land Bank's settlement workbook, and City Council records.