FE Oxford LLC
Frankel Enterprises, Inc.) (Most qualified bidder on RFP; 21 single-family hom
19 housing units sold, across 2 properties · Council District 5 · Frankel Enterprises
What is missing from the record
Steps with no date on record, or that the record shows were stopped. A step that is not on record may still have happened.
- Deed into the Land BankMissing from our records
No recorded deed into the Land Bank in the transfer data
Who could answer: Land Bank staff
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 agendaDoneAug 9, 2022
- 2. Board approvalDoneAug 9, 2022
- 3. Council approval of the dispositionDoneSep 29, 2022
- 4. Deed into the Land BankMissing from our recordsno date on record
- 5. ClosingDoneNov 2, 2023
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 |
|---|---|---|---|---|---|
| Aug 9, 2022 | V.A.4 | Approved | unanimous | 0 | 0 |
City Council
City Council resolutions that name this project's properties, from Council's Legistar records. Earlier resolutions often moved the lots into the Land Bank; they are not Council's approval of this sale (step 3 above).
Closings
From the Land Bank's settlement records.
| Purchaser | Closing date | Price | Appraised value | Units | Council resolution |
|---|---|---|---|---|---|
| FE Oxford LLC | Nov 2, 2023 | $19 | $2,500,000 | 19 | 220745 |
Days from the first Board approval to each closing: 450.
People and organizations
- Applicant
- Frankel Enterprises
- Council resolutions naming these properties, sponsored by
- Darrell Clarke (resolutions 220980), Councilmember Young (resolutions 260591)
From the record
Passages quoted from the Board's minutes, packets and transcripts. 2 of 2 shown.
A.4. Ludlow-W. Oxford RFP Mr. Lawrence asked the Board to authorize the disposition of properties included in this RFP in the 5th Council District to FE Oxford LLC. Applications were solicited via a Request for Proposals for the properties, and the applicant was the most qualified bidder. The developer will construct twenty-one (21) affordable single-family homes with 3 bedrooms/2.5 baths that will be sold at $280,000, targeting households at or below 100% AMI. The property to be conveyed is 1600-40 N. 9th Street. The nominal purchase price will be $21.00. Evidence of project financing has bee…
Minutes · Aug 9, 2022, item V.A.4 · packet p. 12 · PLB Board Package for 9.13.2022 Board Meeting.pdf
Agenda · Aug 9, 2022, item V.A.4 · packet p. 2 · PLB Board Package for 8.9.2022 Board Meeting.pdf
Properties (2)
| Address | OPA account number | Status | Deed into the Land Bank | Closing date | Entered the Land Bank via |
|---|---|---|---|---|---|
| 1600-16 N 9TH ST | 202163801 | Closed | not on record | Nov 2, 2023 | none found |
| 1618-40 N 9TH ST | 201163901 | Closed | not on record | Nov 2, 2023 | none found |
Sources: Board minutes and packets; PHDC workbook; Council (Legistar). Built from the Land Bank Board's minutes, packets and transcripts, the Land Bank's settlement workbook, and City Council records.