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9.Communication from Director Leininger regarding the sale of city-owned properties. (pg. 23) President Litten made a motion to receive and file the communication. He then invited up resident Kevin Smith to comment on the topic. ublic Comment: P Kevin Smith – 17839 Northwood Ave Mr. Smith stated that he had several questions / comments regarding the sale of these properties. Would there be income restrictions on the sale of the landbank homes? How would the city classify a vacant lot as owner occupied for the specified time frame? Have the home values already been appraised, and will they be published? Will there be a lead time to build on the vacant lot, or could you sit on it until interest rates settle? Will there be building requirements for the vacant lot? Discussion: President Litten offered Director Leininger an opportunity to answer any of the questions. Director Leininger explained that land bank properties do not always need to be sold with income requirements attached. He said it depends on how the properties were originally acquired. He said these properties were acquired for economic development purposes, and the vacant lot was acquired as a nuisance, so income requirements aren’t necessary. He said they will not have appraisals until they acquire the services of a real estate agent who will then appraise the properties. He also said with the vacant lot, whatever is built on it will need to be occupied by the owner once complete. Lastly, he said any questions he missed could be answered in committee. On the motion: All members in favor, motion passed. 10.ORDINANCE 20-2023 - AN ORDINANCE to take effect immediately provided it receives the affirmative vote of at least two thirds of the members of Council, or otherwise to take effect and be in force after the earliest period allowed by law, authorizing and directing the Director of Planning and Development or the Mayor to enter into an agreement with a licensed real estate broker to market for sale various real properties, pursuant to Section 155.07 of the Codified Ordinances. (pg. 24) President Litten made a motion, seconded by Vice President Kepple to refer to Housing, Planning and Development Committee. Discussion: Councilmember Bullock stated that he thought Mr. Smith’s question were excellent and he has some of the same questions as well. He expressed concern that three of the properties are currently occupied and selling those properties would be affectingthe current tenants. He also stated that council has been talking about tools to protect or expand 5