BMK Properties, LLC
Disposition to BMK Properties, LLC (owners Mohamed
12 housing units sold, across 12 properties · Council District 5 · BMK Properties, 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 13, 2023
- 2. Board approvalDoneJun 13, 2023
- 3. Council approval of the dispositionDoneSep 28, 2023
- 4. Deed into the Land BankDoneDec 3, 2018 to Feb 2, 2024
- 5. ClosingDoneApr 2, 2024
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 13, 2023 | V.2 | Approved | unanimous | 1 | 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).
| Resolution | Sponsor | Status | Introduced | Adopted |
|---|---|---|---|---|
| 220978 | Council President Clarke | adopted | Dec 8, 2022 | Dec 15, 2022 |
Closings
From the Land Bank's settlement records.
| Purchaser | Closing date | Price | Appraised value | Units | Council resolution |
|---|---|---|---|---|---|
| BMK Properties, LLC | Apr 2, 2024 | $12,000 | $940,000 | 12 | 220634 |
Days from the first Board approval to each closing: 294.
People and organizations
- Applicant
- BMK Properties, LLC
- Council resolutions naming these properties, sponsored by
- Darrell Clarke (resolutions 220978)
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: 1 public speakers and 0 letters, with 0 statements of support and 1 of opposition.
From the record
Passages quoted from the Board's minutes, packets and transcripts. 6 of 7 shown.
… for Proposals) Mr. Lawrence asked the Board to authorize the disposition of 3101, 3113, 3117, 3118, 3123-29, 3126 and 3130-34 Clifford Street in the 5th Council District to BMK Properties, LLC to develop twelve (12) single-family affordable homeownership units that will be sold to households with incomes at or below 100% AMI. Applications were solicited via a Request for Proposals for affordable housing development at or below 100% AMI, and the applicant was the sole qualified bidder for the properties. The developer will purchase the properties for $12,000. Evidence of project financing was…
Minutes · Jun 13, 2023, item V.2 · packet p. 8 · PLB Board Package for 7.11.2023 Board Meeting.pdf
Agenda · Jun 13, 2023, item V.2 · packet p. 2 · PLB Board Package for 6.13.2023 Board Meeting.pdf
Motion has been made and properly seconded to approve the disposition of several proserties in the 3100 block of Clifford Strest. All in favor? (Chorus of ayes.)
Motion · Alexander Balloon · Jun 13, 2023, item V.2 · packet p. 17 · PLB Board Package for 7.11.2023 Board Meeting.pdf
$280,000 is far outside of the reach of any person who might be living in this district.
Statement · A resident · Jun 13, 2023, item V.2 · packet p. 17 · PLB Board Package for 7.11.2023 Board Meeting.pdf
The proposal includes 12 single-family affordable homeownership units
Statement · Jessie Lawrence, Director of Real Estate · Jun 13, 2023, item V.2 · packet p. 16 · PLB Board Package for 7.11.2023 Board Meeting.pdf
You said sole qualified bidder, not most qualified bidder;
Statement · Andrew Goodman, Board · Jun 13, 2023, item V.2 · packet p. 16 · PLB Board Package for 7.11.2023 Board Meeting.pdf
Properties (12)
| Address | OPA account number | Status | Deed into the Land Bank | Closing date | Entered the Land Bank via |
|---|---|---|---|---|---|
| 3101 CLIFFORD ST | 324066901 | Closed | Feb 2, 2024 | Apr 2, 2024 | RDA |
| 3113 CLIFFORD ST | 324067501 | Closed | Feb 2, 2024 | Apr 2, 2024 | RDA |
| 3117 CLIFFORD ST | 324067700 | Closed | Dec 3, 2018 | Apr 2, 2024 | private or other |
| 3118 CLIFFORD ST | 324062000 | Closed | Feb 2, 2024 | Apr 2, 2024 | RDA |
| 3123 CLIFFORD ST | 324000007 | Closed | Feb 2, 2024 | Apr 2, 2024 | RDA |
| 3125 CLIFFORD ST | 324000008 | Closed | Feb 2, 2024 | Apr 2, 2024 | RDA |
| 3126 CLIFFORD ST | 324062400 | Closed | Feb 2, 2024 | Apr 2, 2024 | RDA |
| 3127 CLIFFORD ST | 324000009 | Closed | Feb 2, 2024 | Apr 2, 2024 | RDA |
| 3129 CLIFFORD ST | 324000010 | Closed | Feb 2, 2024 | Apr 2, 2024 | RDA |
| 3130 CLIFFORD ST | 324000011 | Closed | Feb 2, 2024 | Apr 2, 2024 | RDA |
| 3132 CLIFFORD ST | 324000012 | Closed | Feb 2, 2024 | Apr 2, 2024 | RDA |
| 3134 CLIFFORD ST | 324000013 | Closed | Feb 2, 2024 | Apr 2, 2024 | RDA |
Sources: Board minutes and packets; PHDC workbook; Council (Legistar); Transcript. Built from the Land Bank Board's minutes, packets and transcripts, the Land Bank's settlement workbook, and City Council records.