Civetta Property Group LLC
19 housing units sold, across 19 properties · Council District 2 · Civetta Property Group, LLC
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.
- Board approvalPartly done
On record for 5% of the properties; the rest are not on record yet.
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 agendaDoneJul 12, 2022
- 2. Board approvalPartly doneJul 12, 20225% of properties
- 3. Council approval of the dispositionDoneOct 31, 2019
- 4. Deed into the Land BankDoneDec 9, 2015 to May 22, 2020
- 5. ClosingDoneJun 19, 2020
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 |
|---|---|---|---|---|
| 190984 | Councilmember Johnson | adopted | Dec 5, 2019 | Dec 12, 2019 |
Closings
From the Land Bank's settlement records.
| Purchaser | Closing date | Price | Appraised value | Units | Council resolution |
|---|---|---|---|---|---|
| Civetta Property Group LLC | Jun 19, 2020 | $1,900 | $1,320,000 | 19 | 190836 |
People and organizations
- Applicant
- Civetta Property Group, LLC
- Council resolutions naming these properties, sponsored by
- Kenyatta Johnson (resolutions 190984)
From the record
Passages quoted from the Board's minutes, packets and transcripts. 4 of 4 shown.
… as Exhibit C). Item VI Property Acquisition Item VI.A. Mr. Rodriguez asked the Board to approve the acquisition of 2641 Reed Street, a property that was developed as part of the Earp Street RFP nearly two years ago. The property owner was income- certified at or below 120% AMI, as required by the RFP, and the purchase price was $250,000. The owner is moving due to a change in his employment and requested the Land Bank’s approval to sell the property, as required by the Declaration of Restrictive Covenants placed on the property. The Land Bank consented to the sale and provided the paramet…
Minutes · Jul 12, 2022, item VI.A · packet p. 9 · PLB Board Package for 8.9.2022 Board Meeting.pdf
Agenda · Jul 12, 2022, item VI.A · packet p. 2 · PLB Board Package for 7.12.2022 Board Meeting.pdf
… Home Subject to a Declaration of Restrictive Covenants Mr. Lawrence asked the Board to authorize the resale of 2641 Reed Street to Hien Long Cung and Tam Kinh Ho subject to and in accordance with the Declaration of Restrictive Covenants, which was recorded against the property in June of 2021. A year after purchase, the buyer requested the Land Bank’s consent to sell the property but was unable to find a buyer at the restricted sale price in a timely manner. The Land Bank exercised its purchase option and acquired the property in September of 2022. The new purchasers have been income-…
Minutes · Oct 10, 2023, item IV.C · packet p. 7 · PLB Board package for 11.14.2023 Board Meeting.pdf
… asking the Board to authorize the resale of 2641 Reed Street to Hien Long Cung and Tam Kinh Ho
Statement · Jessie Lawrence, Land Bank staff · Oct 10, 2023, item IV.C · packet p. 32 · PLB Board package for 11.14.2023 Board Meeting.pdf
Properties (19)
| Address | OPA account number | Status | Deed into the Land Bank | Closing date | Entered the Land Bank via |
|---|---|---|---|---|---|
| 1327 S 27TH ST | 362127705 | Closed | Dec 19, 2016 | Jun 19, 2020 | RDA |
| 2613 EARP ST | 362100105 | Closed | May 11, 2016 | Jun 19, 2020 | RDA |
| 2614 SEARS ST | 362094705 | Closed | May 10, 2017 | Jun 19, 2020 | RDA |
| 2616 EARP ST | 362106005 | Closed | Dec 9, 2015 | Jun 19, 2020 | PHDC/PHA/other public |
| 2626 SEARS ST | 362095305 | Closed | May 22, 2020 | Jun 19, 2020 | PHDC/PHA/other public |
| 2630 SEARS ST | 362095505 | Closed | May 11, 2016 | Jun 19, 2020 | RDA |
| 2639 REED ST | 362112905 | Closed | May 11, 2016 | Jun 19, 2020 | RDA |
| 2641 REED ST | 362113005 | Closed | Dec 9, 2015 | Jun 19, 2020 | PHDC/PHA/other public |
| 2642 SEARS ST | 362096105 | Closed | May 11, 2016 | Jun 19, 2020 | RDA |
| 2643 REED ST | 361113105 | Closed | Oct 14, 2016 | Jun 19, 2020 | RDA |
| 2648 SEARS ST | 362096405 | Closed | May 22, 2020 | Jun 19, 2020 | RDA |
| 2700 SEARS ST | 362096705 | Closed | Dec 29, 2015 | Jun 19, 2020 | PHDC/PHA/other public |
| 2701 EARP ST | 362102205 | Closed | Dec 29, 2015 | Jun 19, 2020 | PHDC/PHA/other public |
| 2703 EARP ST | 362102305 | Closed | Dec 29, 2016 | Jun 19, 2020 | RDA |
| 2714 EARP ST | 362108805 | Closed | Dec 29, 2016 | Jun 19, 2020 | RDA |
| 2719 EARP ST | 362103105 | Closed | Dec 29, 2016 | Jun 19, 2020 | RDA |
| 2724 EARP ST | 362109305 | Closed | Dec 29, 2016 | Jun 19, 2020 | RDA |
| 2727 EARP ST | 362103505 | Closed | Dec 29, 2016 | Jun 19, 2020 | RDA |
| 2735 EARP ST | 362103905 | Closed | Dec 29, 2016 | Jun 19, 2020 | RDA |
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.