hoping is still going to get here and remember sugar cozy is excused. All right, with that, could I bring your attention to the minutes that Rhonda circulated to you? Does anyone have any directions or comments on minutes for october 22 Can I have a motion please. Hi, Miranda,
sorry,
I have a motion. All opposed Hearing none the minutes. Stand approved that. Bring those to public comment. And why don't I start with people in room
for the record, please. Morning. My name is Darwin parks, president of Michigan minority Contractors Association.
Consultations, please. Okay, so I've got basically three issues. First one. There is a house on 2628 title that I am representing a church that has a property directly across from church this. Then they make it for years, and I saw the church was like to acquire the property. Do we know if we own it? You do? Okay, yes. Well, initially it was owned by someone else, we thought. And then when we investigated on the door that the land bank owns it, have they applied? Yeah. We tried, and they we inquired about it, and they said it was not a bank
which
went down to try and talk to someone about it. And so we've tried to do it. The church is trying to do a community partnership with the land bank property. Yes, right, so that's one issue from waiting on guidance of that, I don't know why
is our inventory. John is in charge of disposition. So
secondly, I'm trying to partner with the land bank so that we can get more minority contracts. I did send an email to a gentleman to try and get our meeting First Friday so we can get more contracts. One minute remaining. One
minute remaining,
and third Tammy today program that you guys are doing to rehab home. So in an honor homes on Townsend, we were the third low, and I was hoping for an interview of one of the contractors that I'm representing. So I'm just waiting here that so I want to understand the process for that whole evaluation. Tammy
is our executive director, and she can tell you the right people to talk to you about. So
you said you emailed someone about coming to your meetings the first Friday of every month. Who did you email? I
was given the director procurement gave me a gentleman send an email to,
okay, so Sir, why don't I just get your contact information after and then we can try to we will make sure we address all three of your issues. Okay, so I'll come over there and get your contact information. Okay, there was somebody else you resolved the issue,
gentlemen, yes, I suppose. And I'm sending an email to the right department, right? So we'll get your contact
information.
Okay, all right, now we'll go to people that have joined us on Zoom. Thank you all for being there. So why don't we start
Tanya? If you would like to participate
in public comments, Tanya
is to unmute.
Hi. Good morning. How are you very good.
Thank you. Can you give us your name for the record?
My name is Tanya Kramer, and I am part of building families, first community organization. We have been partnered with the land bank since 2018 we started out with the occupied non profit program, but now we are in the occupied disposition program, and we are doing, I mean, the partnership, with a great partnership, we're able to. Offer homes the first time buyers at a lower rate, and it's going really great. Up until July of this year, we have a house that we have a purchase agreement on in which is we have been told we signed the purchase agreement in July 17, and we have been told that we are waiting for a tax clearance on this property, where, normally we go through the quiet title process, which only takes a couple of months. Like my concern with this property is, during our partnership, we, even though we have a purchase agreement on these properties, we are not allowed to go in and board up these properties. This property at up until two days ago, have all of the doors, all of the windows and all of the piping. It now does not have any doors, any windows or any plumbing left in the house, and this has happened with this just two days. I do believe, if we had an opportunity, which I've been talking to your land, Yolanda and Nate. With regard boarding up these properties, it would save us nonprofits cost on rehabbing some of these homes. I'm really concerned that we are going on, what, over four months now, and we have not closed on this property, and it continues to get damaged. The neighbors are complaining to us, and we don't have anything to say to them, and so I'm reaching out for some help.
I appreciate you reaching out. And John Ohana is in charge of all of our disposition programs, including that one, so I'm going to ask her to speak to your question.
So Tanya, I think you and I had met earlier in the year, maybe it was last year, and let me just say that they have done great work. They've taken on probably like 20 PDP occupied structures. And yes, so if you have done great work, and we do value that partnership, definitely, I will say, though we don't, the reason we don't allow anyone to board up an occupied house is because it's supposed to be occupied. And so and if it's not occupied, then it's not eligible for the program. And so that's that's why we don't let anyone support up the house. But in this instance, Tanya, the address that she's referring to, we, we just had a call this morning with city treasury. The assessment is still a problem
for us. We have
a long list of houses that we are still on the wrong tax roll. We've been trying to work with the assessor's office. We've been worked with the wayne county treasury office. Unfortunately, we can't sell a house when it's the assessment. It's on the wrong tax roll, so it's being levied taxes even though it's in public ownership. So we worked this morning, our call with Robbie and Tammy was with Michiel from city treasury. We're hoping to make some headway on that, but I unfortunately, we can't move forward with a sale unless the assessment, which is unfortunately out of our hands also. So that's that's the problem, but I think, I hope I've addressed both of those concerns. But I am working with Nate because I know you've got a couple other problems under, not problems properties. Rather, under, it was a temporary license and then a agreement, and then also under potential PA, we just have to confirm occupancy. If it's not occupied, it won't be eligible, but I will circle back with you and Nate to talk through that a little
bit. Tanya, the problem with the assessor's office is an ongoing one that we've addressed with everyone we can think of, including the mayor, and they are just hopelessly far behind on cleaning up their roles, and so we keep getting property that we want to sell, that we've owned forever, and that they're still assessing taxes on it, even though it's in public ownership. And I
understand that. And she just brought up another concern when she said that it's not occupied well when we're going through the temporary license agreement, and then we signed the purchase agreement, we and under contract were to work with the current occupant and see
one minute remaining. Excuse me, one minute remaining. Go ahead,
see if the occupant qualifies to say and some of these house, some of these houses, there's no water and there's no electricity, and it's getting cold, so we can't have these people in these homes. So when she says that if they're not occupied, they don't qualify for the program, then how did they get in that pipeline?
Because at one time, they were occupied by
House class, we spend
a lot of time and energy tracking what houses are occupied, and often when we show an interest in a house or post to it or something, people move. So this is an ongoing problem too,
okay, yeah, because we might have a problem like this, where we have seven house and houses under purchase agreement, and it takes, it's taking so long to close so, and this is the first I've heard of, if the house is not occupied, then it no longer qualifies for the program. But if the program got. Guidelines stay different.
Okay, well, why don't you and and John, oh, continue this after she said, a chance to look into this particular she'll get back to you. Okay, sounds perfect. Thank you for calling in to treat all you do. I remember when you were working at the beginning on some of the other programs, and guys were always stars. So
thank you. Yeah, we've actually completed 38 houses with our partnership, and it's really exciting, especially for some of these first time home buyers who get the keys to their first home. It is so exciting to see this. We thank you for the partnership.
Thank you for all you do.
You guys. Have a great day.
Adele, you want to phone somebody else, anybody
else that would like to participate in public comment, please
raise your virtual hand.
I do not see any hands raised.
Last Call to push the little yellow and button. I do have one ligand,
Darwin ligand. You feel been asked to unmute.
Yes, good morning. Thank you for the opportunity to speak to you all today. My concern is priority access for community organizations and block clubs property sales. So I have the pleasure serving as the president of a local nonprofit, rescue my nature. Now. We are a community partner since 2019 and we have transformed over 50 vacant parcels in the city of Detroit. We have properties right now that we just recently completed compliance on, and we also have a structure that was revitalized and completed compliance last year. So my reason for coming before you today is to is to advocate for a policy adjustment that prioritizes community organizations and block clubs and neighborhood associations and property acquisitions. While I understand and appreciate the DLB role in returning vacant and abandoned properties to productive use, I'm concerned that auction sales may bypass opportunities for local organizations to acquire properties for community focused projects, affordable housing or neighborhood stabilization efforts. Detroit block clubs and neighborhood associations and nonprofits are the front lines of community revitalization, they often have a deep rooted connection to the communities that they serve and communities in long time sustainable improvements. So I guess, in a nutshell, what I'm saying is, when the properties are sold to auction, these these groups may be at a disadvantage compared to investors who compared who often lack the same level of commitment to the neighborhood. It would be a great benefit to the community of local organizations have the opportunity to acquire properties before they are listed at auction, a process that prioritizes these communities could enhance community engagement, ensure responsible private property stewardship, which is something we pride in and as well as we teach our residents and align with the city goals and equitable development, additionally, often properties to community focused organizations before they enter the auction can help retain local character and mitigate the Risk of speculative purchases that may not serve the neighborhood's best interests. So I think it's kind of clear what I'm asking, so I'd like to give you an opportunity to speak and in reference to my request, and then there are particular addresses that are of concern that are currently in dlba inventory.
I think one thing that we do that fits exactly with what you're describing is the neighborhood lot program. You know, where organizations it sounds like, because you've done so many vacant lots, it's fantastic. I assume those are in your neighborhood. I mean, that's exactly what that program is designed to accomplish.
And I can tell you that it's reduced our isn't it's reduced the blight. It's reduced the illegal dumping. So, yeah, the neighborhood beautification program has definitely been a immense enhancement to to the land banks program and if you will, but I see some other challenges that lie before us in terms of stabilizing the community, but also opportunity to give some of the other resident opportunity to acquire even structures first, because we have spec. That have acquired properties. And I guess I'll just name one of the addresses in regards to that is 20029, Exeter. This property has been sitting vacant for two years, and it's continued to be a nuisance. The windows are open up top, there's debris that flies out of it on to our native habitats that we have in partner with us, fish and wildlife and USDA forestry, we've transformed these, these blighted, once blighted parcels, into productive green spaces. And here it is being being littered upon by a vacant property that we had one time had expressed interest in but the bid went to another bidder. And that happens. It's not the first time that that has happened, but we think that, you know, in order in the effort to stabilize the community, we should consider changes some things as it regards, respectfully,
thank you, but we appreciate that, and we'll certainly take a look at it. But thank you for all you guys have done for the green space. That's really an amazing accomplishment. And meanwhile, we got to check out 2029 Exeter and figure out what's going on there guys. Okay, thank you very much. Is there anyone else with an X
ray one mores?
You have an S to unmute.
Hello, Hi,
ma'am, Could you identify yourself for the record? Please?
Yes. My name is Zenaida Flores, and I serve as the vice president of rescue my nature now, alongside Mr. Logan, and like he was sharing, we do have some areas in the neighborhood that are of more concern, which is one of them, 20029, Exeter, I know we've been in communication with our project manager, Lena ludie, about it, as well as Mr. Antoine Glenn. He had came into the neighborhood and walked the spaces with us and really expressing his support in making things right and keeping us updated throughout the process. So I do know right now that it is in reconveyance, and it is a possibility that the property could actually go back to the purchaser, because it is going through quiet title right now. But my only thing is, how did you ensure that these purchasers are actually going to revitalize the property and not just let it sit there the way it has been from the first day that they purchased it, like Mr. Don said, it's open a trespass. The windows are missing. It's a blight and a nuisance to the community. That's the first thing. And then the other question is, are there any programs that you all are considering creating for community partners like ourselves to know of who's buying in the communities, making something where community engagement is present with these new people, especially people that either don't live in the community, aren't from the city, and really finding out from the remaining you know, what it is that they're looking to do With this structure, property that they're purchasing, because with our nonprofit, we focus on purchasing vacant parcels that are blighted to revitalize them for community green space usage, and it's definitely what we've done here, and we love to continue seeing that, not only with ourselves, but other organizations and purchasers that are coming into the neighborhood, but really supporting the neighborhood and not contributing in a negative way to it. So that's what we'd like to see, and especially with properties that are going into foreclosure, we would love to be first to know about it, instead of people that you know could be considered spectators and just buying the land just because they want to be in the neighborhood, because they think you know is happening. Thank
you, Miss Flores. And again, I have to say I know about rescue my nature. Now, I mean, you guys do astonishing work, and great deal for your neighborhood and really for the city. So thank you for all you do. I think you know, we'll think about this. I understand your position, but it's a I think we're required to offer property to. To have everybody have a fair shot at getting it, and I think it'd be very hard to depart from that without being criticized by their two neighborhoods that each regard themselves as independent, and there's a piece of land right between them. We've been through this before, and you know who gets it with the neighborhood lot program that's happened, we try very hard to enforce our compliance program that's hopefully we're able to reconvey it. If nothing at all has happened, we obviously should have reconvened it a lot sooner, and I apologize for that, but I appreciate you keeping us up to date. 2029, I gather, is, in fact, in reconveyance. And if you, if there are others like that, the sooner you tell us that it floats to the top of our compliance process and we get it back better off our operational so we appreciate all that you do.
Last call anybody for public comment. Please raise your virtual hand.
Okay, hearing none. Thank you all for being here and for your comments, I really appreciate it, and now we will move on to agenda items. Oh no, we won't. We'll go to your report team. I'm going
to see most of my time to Gabriel, because he has three equitable transfers that he wants to brief the board on. But I just wanted to highlight a few things. This is our last board meeting of the year, and we will begin back in January. Rhonda, what is our first board meet? The date for our first remains on the third Tuesday of the month, yes, 21st the 21st of January, will be our export meeting of 2025 with our committees meeting the week before, I'm happy to announce that we did launch the veterans discount that the board approved last month. We did that in collaboration with council member Fred durhau. He did a wonderful video for us that played on social media all day yesterday. And so we're hopeful that we will see a lot of veterans raising their hands to take advantage of that discount. Then I just wanted to highlight for the board that we've made two significant higher promotion slash hires for some critical roles at the land bank. Tamika rise has been promoted officially effective November 4, the HR director Tamika land bank for 10 years serving the HR department, and she will lead that department effective last Monday. We are excited about that motion. And then we also selected Nicole Simmons to lead our this ad of our comms and engagement team. Nicole comes to us from GM by way of city, and we'll be working to elevate the land bank create media and branding opportunities, and we are excited to have her join the team. I want to turn it over to Gabriel to talk about his three equitable transfer. Thank you, Tammy.
Good morning. I will do my best to be as concise as possible here, for sake of time, I have, as Tammy mentioned, I have three properties that the staff would like to convey the equitable transfer. And I will brief that I will brief on the first property being 14810, lamp here, this property was sold by the land bank to an LLC back in 2019, after multiple years of giving the buyer multiple opportunities to finish rehab, the land bank reconveyed The property in July of 2023 Unfortunately, During the time that the property was was owned by our buyer, they failed to pay a single year of property tax, and so shortly after the land bank reconveyed The property, the county treasurer foreclosed. Post foreclosure, as is their custom, the property was sold the new buyer, new owner. Rehab the property. Property looks great. There's an occupant living in it. There's even a mortgage now on the property. So the hope is for the land bank to issue a quick claim deed to the current owner, reuniting the title, the ownership giving perfecting the new owners, owners title, I think that is the most expeditious way to fully bring this property back online. The goal of restoration, rehab and occupancy has been accomplished, and so I think it makes the most sense to to reunite that title. He
had a mortgage. He must have been on a title call. See
that is that
title company that could be title company missed,
I don't know how far back they would look, pre foreclosure. I think that foreclosure would clear his title would extinguish any prior request. I don't know that that would necessarily be an obstacle to issue that policy. Okay. If no additional questions, I will move on to the second. Let me remind the
board that we passed the equitable Transfer Policy wherein clear cut cases like this. If the general counsel and the executive director agree, all they have to do is brief us to make sure we don't have any objections. Doesn't require board action.
Sorry. Thank you. No. Thank you for that. That reminder I should have led with that. My apologies. The second being, 15231, Evanston, this is a scenario that the board is well familiar with. The land bank sells to a, a doesn't perform their obligations at the rehab agreement. The land bank conveys, but somewhere in the process of reconveyance, a our buyer sells, or quick planes their interest to be to a third party in violation of the purchase agreement. In this instance, the the unsuspecting a buyer be gal, continue to call them believe that our purchaser have the ability to sell the property, and proceeded to put about $17,000 into the property. They actually perform some pretty extraordinary masonry work. They rebuilt the brick front porch. They did some rough plumbing, rough electrical, and have provided proof of the same. The house is not fully rehabbed, and so the individual requesting this equitable transfer has agreed to enter into a rehab agreement with the land bank. So our conveyance, the conveyance of our interest, will be contingent upon their signing a purchase agreement with terms of rehab. This individual would then be put into our compliance pipeline until full rehab of the properties. Any questions on? On that scenario? I saved on this for last 18652, Hartwell, this was a property that came into the land banks inventory via nap judgment back in 2016 so about eight years ago, after the land bank took title, if you upon review of the Register of Deeds, various claim deeds seem to seem to be recorded, seemingly out of nowhere, an entity that had previously had no affiliation or interest with the property was purporting to convey their interest, because the Register of Deeds really allows almost anything to be recorded. Those quick, clean deeds are generally an issue. Those can be we can quiet title and and handle those. It gets a little more interesting, however, when a warranty deed is recorded, because that typically means that that is in conjunction with title insurance or a mortgage so that that we don't see very often. In this case, two warranty deeds were recorded, purporting to convey the property from an unknown entity to a to to a third party. It resulted in in late 2023 it resulted in a couple young family purchasing this property for $239,000 and via a mortgage and getting corresponding title insurance only after they had been paying on the mortgage did our interest was our interest discovered I was con champion. I both were contacted by an attorney representing the current occupants, essentially saying, what happened? What do we do here? We've looked into it. They did indeed get a mortgage and corresponding title insurance. The house has been beautifully rehabbed public young family are living in there, and so it's our belief that the current occupants did everything they were supposed to do. They got a mortgage, they got title insurance. They're keeping the house up beautifully the land. Bank does not think it necessary for there to be any consideration or dollars requested from that. However, that is not the feeling when it comes to the title insurance company that was a in my not a title examiner, but in my humble opinion, that was a great mistake that the title company, Mayor, so I am in close communication with the title company. We are working on a mutually agreeable resolution and and the thought is here that the land bank, Tammy, I specifically believe the right thing to do is to issue quick claim deed convey our interest to the to the occupants. Again, they've done nothing wrong, and they should, they should stay on that house. But such a conveyance will only be made upon satisfactory resolution with the with the title company. I think there needs to be. I'll back up to the previous example. In the previous example, the land bank already was kind of had a bite at the apple and was able to sell our property. So we were already given the opportunity to sell it and make whatever dollars there were to be made. In this instance, the heir of the title company, both of their heirs, in issuing these warranty deeds has deprived the land bank of its ability to sell the house, make, hopefully, a profit, or at least recover what we have invested into the property by way of stabilization, clean out the time the resource, resources it took to run this property Through the nap program, or quiet title program, etc. So our goal really here, really is to get to see compensation from the title company to recover what the land bank would have been able to but for their mistake. So that is, that is the, those are the facts as as of today. I know I threw a lot, a lot out there, but any any questions or thoughts on that specific one,
I have a question. Yes, please. So
this last scenario here, Title Company was that was that land banks, no,
ma'am. It was, it was the title company used at the time of the mortgage, we had no knowledge of the sale. So the sale with the mortgage and the corresponding title a company was with the land. They get no knowledge of it. Then the name of the title company is Bell Title Agency. They're out of Livonia, I believe, and they actually are the title company on both of the warrant TVs. So that is who I'm corresponding with, a representative from that agency.
Well, I
think that you know back this is that it was the title company's fault, okay, that they didn't actually clearly do their due diligence of knowing and making sure that their title was clear. Okay? Because even if they would have pulled FOIA, they found that on the point so they owe DOB.
I couldn't agree more. I couldn't agree more. And for that reason, while we do agree that that the current occupants did nothing wrong and should remain in the house, there needs to be a resolution or agreement between the land bank and the title Yeah,
that's what, that's what title insurance is for. I
couldn't agree more.
They pay when
you mess up. Yes, ma'am, I
couldn't agree more.
I hope you reassured the family.
I reassured them that we have no more about that correct. Reassured the family that we have known the land that has no interest in repossession of the property or conviction of the occupants we I'll show you the photos after. The house is beautiful. The primary bathroom is I'm envious of it, quite frankly, beautiful home, and it's a beautiful young family who's residing their end. The goal of restoration is accomplished. We want them to stay. But the title company's error, I think, has has cost the land bank and so resolution there.
Yeah, sounds good. Sounds
like they missed like an elephant in the middle of the middle of the room. I mean, how could they miss
gonna find out whatever you know? Because eventually, sellers almost gonna reach out, because they got this cloud on their title, try to rebuy. They can't even rebuy or sell.
Agree? So we certainly want to perfect their title, but only after resolution.
Sounds like Right. Looking at the real estate people over here sounds like the right answer, right. Okay.
If no further questions, I will turn it back over to
you. Okay. Amy, anything else that you wanted to add on? Don't think so. Okay, all right. That brings us to the work of today, the new business, and the first item up is the resolution to convey additional property to the city of Detroit for the Solar Initiative. This is the third time,
okay?
Robbie John, who's gonna talk about this Solar Initiative, got me so
are going to transfer it over to the city as they negotiate go with the with the American ACC, American Community Council. Community Council, they have land. American Community Council has land that's within the solar footprint that the city needs in order to complete their solar project, and so they need this land from us just like that. Yes, we'll go over to the city for them to negotiate whatever you know they're going to negotiate. Do you
have any information about where the whole Solar Initiative stands? Because this is our third transfer, including the emergency August board meeting that had to happen. No matter what
I do not, I do not, I'll say we, you know, we get the calls on a transaction by transaction basis. I think they have identified. They locked down three of the areas, three locked down.
I think maybe two more coming here. Oh, boy. Okay. I mean,
I think it's
a great program, and no problem with that. I just wish they could get their act together enough to, you know, identify the property, right, if I remember we drew the first resolution very, very broadly, having made my snarky comments to approve the latest transfer for the Solar Initiative Support. Thank you all in favor, opposed hearing none. The third sold resolution passes. Next up is the second amended tax capture waiver policy.
So this one will be me, and this is we wanted to take a stab at updating our 550 tax waiver policy. And in the first section, what we've done is there have been multiple amendments to the vacant land policy, so we wanted to ensure that we've incorporated those into Section A in section B, while we allowed for auction and own it. Now, lots combinations. Sorry, yes, combinations for with side lots or waivers. Rather, if you're in an NEC, what we didn't allow for is lot combinations, and that was a priority for us where we're not analyzing the auction Own It Now purchaser when they want to combine, which we actually want to encourage, combined with side lot, their house with side lots or a neighborhood block, so that allows us to waive at no additional cost. And then the Section C is our attempt to incorporate policies, new policies that don't and programs that don't live in the vacant land policy, but instead they live in create a project or neighborhood beautification where there still beautification projects. There's no new ground up construction being done there. And so this allows us to waive for a nominal amount when they're doing lot combinations for beautification purposes.
Sounds like important improvements that just keep up with the rest of our house. Questions, hearing none. Could I have a motion please?
So moved. Thank you. The
resolution All in favor, opposed, hearing none, the amendment to the tax recapture waiver policies adopted next up is the agreement with the Church of the Messiah Housing Corporation
that's going to be Martina or Ben. Ben,
good morning.
Thank you.
This one is a resolution to sell part or to enter into agreement, option agreement on parcels with church and Messiah. They've been on the east side for about 45 years doing development, and they're looking to build 40 affordable housing units on these parcels.
And I noticed it's a it's an option to purchase, but during the option period, they'll maintain the property
right. That's part of the option agreement.
Okay, great.
Any questions? Ben, hey, could I have a motion please support All in favor, opposed Hearing none the resolution for the church of Messiah Housing Corporation. Is adopted. Next up is the purchase and development agreement with David gold.
Hi. Good morning, everyone. This is do you need for me to share my screen?
Please do
it was up, and then it disappeared. Martina, Oh,
was it okay? I saw
it. Okay? You got it now?
Just trying to There we go. So this is to sell nine parcels on Mars Street to David Goldman. He wants to continue his beautification project. He's done some really great work in this area. And I'll just scroll down so that you can just see his plot plan. And I also want to just show you some of the work that he has done. And so this is the work that he will be continuing on these nine parcels.
Are there any questions? Isn't he the guy that restored the cemetery across the street? Yes,
he has something to do with that. He says here that. He says before the garden, Goldman was involved in efforts to rescue and maintain the cemetery in that area, and
this is right across the street.
It looks like Yes. Great.
Any questions from Martina? Okay, could I have a motion, please? So all in favor, opposed hearing none. The resolution for David Goldman is approved. Next up is for Tammy to enter into agreements with MDOT.
Anyone see this deal sheet?
Yeah, still see that we're still on the Goldman. One okay? One second.
Yeah. Okay, good. So I'm just going to share one of the deal sheets. There are two deal sheets, one for they're both for Michigan Department of Transportation. One is for full acquisition of 15 properties, and the other is for partial acquisition of 11 properties. So for the full acquisition, which is the deal sheet that you're looking at now, MDOT is going to be starting a project on I 94 where they're going to be expanding the freeway. And so these parcels that you see, which are the full acquisitions on this map, are in that footprint. These are all vacant parcels, except one. One is a structure in m dot, once they acquire that, they will demolish that. And so they'll need this this area for the widening of the i 94 expressway. The other deal sheet is the partial acquisitions, where they won't need as much they'll need just a few feet of some of our parcels that are in the right of way, where they'll be doing some grading, they'll be doing some new sidewalks, and they'll need just a small portion of those properties to acquire, because they'll be, you know, kind of cutting into those parcels for their expansion, I want to say for the full acquisitions we have BPOS done for these m dot did accept our BPO pricing. So they did come back and they they revised all of the good faith offers to reflect the BPOS for these, for the partial acquisitions, MDOT is actually offering us more money on a per square footage. So even though we did have BPOS done, their offer was much higher. So we've accepted their good faith offer. That's what this resolution is, to accept their good faith offer of those parcels, this project is set to start sometime in 2025 it will need city council approval and the work on our parcel. Is set to start somewhere around 2026, are there any questions regarding this?
Yes, so since the the parcel that is not the full parcel that we're going to be splitting with them, how is that split going to be acknowledged without it being a trying to think of the right word for it.
We want to form a lot split so that we could still sell the test.
Right? Exactly, yes, exactly. So going, I know you have to go through the city and get that done. Who's going to do that? Us or them?
Yeah, that's a great question. So we don't have to do it. Basically, the work has been done already. So in the good faith offer, they have what's called a parent parcel, and they have their acquisition parcel, and the legal descriptions have already been drafted to show the parent parcel that's going to be left behind once the lot split happens. So they've already done the split. It has a survey all of that, and Tammy will have all of that as part of the package when she's able to review it. But they have the the drawings that show how much of that parcel they need, and so that's been reflected in the legal description. So once they record the legal descriptions, it will be reported that the parent parcel of what was left behind is now what we can sell.
Okay, yeah, we don't want to ease it on on the property that MDOT owns, and then somebody else comes and buy that lot, and now we got an issue later on down the line. So we just want to make sure that we do have a proper split
and and I want to say this for the partial acquisitions, there will be temporary easements, because they do have to do the grading and they have to do the sidewalks. The easements will not be recorded, though the temporary easements are for three years. According to M dot, those easements will just drop off, but it will be an easement on probably the part that they'll take.
An easement, by definition, would be on the part we keep right right easement on a parcel
that you are right? They don't have an easement on the on the part that we keep, but it's a small portion, okay? And it just affects that part. And it's temporary. It's a temporary easement is no more than three years. They're thinking that they'll start the easement work on the dlba properties somewhere around 2026 and then it'll drop off around 2029 or whenever, or whenever they're done.
So potentially those are those on the remaining of the land would not be sold until those easements are released. There temporary.
I don't know if we necessarily have to hold them that long. I think that we would just have to somehow put that language in the listing that there is a temporary easement.
I want to buy rent on my property. That's rent
my property. But we, the buyers, would know going in right
on it, though, and then, so it has to be some other kind of language in there that even if you do want to buy this lot, you know, and there's an evening on it currently, right now, for the remainder of possibly three years or less. Okay, now you're holding up my development project that I want to develop
one. But the answer is, we tell you before you buy it, that we make two, one of two decisions. We don't sell it at all till after three years, or big red letters that say, available now, but can't do anything but the three years because of the season.
And we have to put in big bold writing, because people don't read for sure. Yeah, they see that part, and then they come back and fire us to say that you know this Detroit land banks problem. Sure, they still not.
Thank you. Martina, all right, so could I have a motion? Any more questions about the MDOT? Okay, can I have a motion, please? So all in favor. Aye, opposed Hearing none the MDOT resolution is passed because I'm a lawyer and crazy Tammy, I print everything. There's like, 300 pages. Yeah,
we didn't print it because,
I mean, it was, like, way more than this pile just all the paperwork. Band out with all the surveys and very governmental. Okay. Next up is the resolution on the prevailing wage consultant.
The next two would be Veronica. Veronica,
I see you. Okay, Mike, can you hear me first?
You should give everybody the context of why you're getting into this brave new world.
So to give you context, give you a summary we are entering or preparing to start our be three, which is blight elimination round three and our blight elimination round four projects, we successfully closed out rounds one and rounds two, which were primarily focused on properties that were two units or less. So single family or duplexes. Now we'll be going into be four, I mean, be three which are four, four plexes, and then going into be four which are two apartment buildings. And we're going to be reducing the number of units in partnership with NSO. So because the time frame of these grant agreements are the same. We thought it would be very smart to just do procurement at the same time. So the agreement that you have in front of you, the resolution you have in front of you, is for our Davis baking consulting firm that's going to be doing Davis baking prevailing wage reviews, things like that. On both projects, we're asking for a not to exceed amount of 150,000 and we're projecting that that should be that's going to last us from when the project start, which is anticipated to be June of this year, or June of 25 going all the way to June of 2026 and in addition to that, they'll give us some consulting here and there on like our general contractor contracts and things like that, just to make sure we have that Davis Bacon language in there correctly so we don't have any issues with Grant reimbursement upon completion of the projects. Any questions? There? No questions. Thanks.
Veronica was a good explanation. Appreciate it. Who else I mean Davis Bacon. Is it the most complicated thing I've ever seen in my life? So I'm very glad you're getting an experienced consultant, because it's scary. Yeah, the consequences you don't get the money, which would be disastrous, correct?
And then it's weekly certified payroll and things like that. So they'll be doing all of those reviews, all of the wage surveys, everything that's required. They'll be, they'll be doing it for us, and then sending everything over to my team and I to review upon completion. That's great. Yeah.
All right, yeah. All right. So any other questions for Veronica? No, okay, could I have a motion on the prevailing wage resolution? So moved all in favor, opposed hearing none. Your consultant is approved, Veronica, and then you have one more. Hamilton Anderson, yes.
So as we're preparing, remember I said the be four projects are two apartment buildings that were that's connected by a breeze way that we're going to be reducing the number of units with doing so, we're going to have to bring on a architect and engineering firm and a slew of sub consultants. So Hamilton Anderson will be taking that one for us. So they're not to exceed amount would be 450,000 they'll be working from preliminary assessments to identify if there's any structural issues and things like that, all the way through design, all the way through, starting out, starting the permitting process for us. So they'll be working with the city in terms of any zoning issues and things like that. So basically, by time we get the package, the package will be ready for us to include with our general contractor did so all of the preliminary work that we normally do in house for single family properties, they'll be doing for us, for the apartment buildings
and and the good news with these very big numbers that you're throwing out there is this is all going to be reimbursed through the Blight elimination grants.
Yes, and then the Blight elimination grant, of course, is through the State Land Bank Authority, and they've reviewed all of the documents to make sure we won't have any issues with reimbursement based on how the contracts and things are structured. So we got time, super
true v3 and final. It's the same time. What's the deadline for them to be finished?
The absolute final deadline is December of 2026, we are aiming for, like a summer of 2026. To that's the date we're going to give the general contractors do. Any
questions, it's exciting, yeah, that
way everything can move much
quicker. Sounds like a
great plan. All right, any other questions for Veronica, all in favor please say aye. Opposed Hearing none your Hamilton Anderson, Patrick is approved. Congratulations, Veronica's a lot, all right, and your audited financial statements,
yes, just very briefly, good morning board members. During the last month, I met with our financial audit committee again in reference. Of the audit, and we did the full review of the audit and complete the management letter. So we sent the management letter over to our auditors, and I believe each of you received the final audit report. As of yesterday, there were no changes between our update and the report being submitted, and we are moving forward. We are now prepared to release an RFP for our next audit in the upcoming year, so we're looking forward to that process. So the audit went well this year, and we're looking forward to doing it again next year, so
I know it's important to absolutely clean on it. Yes, congratulations. Kept looking for the bad news. Wonderful. Gotta
keep that streak going. Oh, man.
Any questions for Reginald on the audit letter or management letter? Okay, we need to accept the audit of financial statements. Could I hear a motion similar? All in favor? Opposed hearing none. Congratulations. Well done. I am advised by our council that there are matters that we have discussed board that are permitted under state law to be covered in closed session. So I'd like to do a roll call vote to go into session.
Erica Waterson, yes.
Kara Walters, yes.
Miranda, Laura Bartel, yes.
Okay with that. We're going to go into closed session. We'll excuse everybody except scheduled and Gabriel and Tammy. Anyone else is excused for anyone on the line, we're going to the building room, I guess you could call it, but I can tell you now that lot of closed sessions, all I'm going to do is motion to adjourn and adjourn immediately, so they won't be that interesting. But you're welcome to hang on. Yeah, all right, Justin, you're gonna Thanks. I appreciate. Got them all you.
All in favor, all opposed hearing, none we stand adjourned. Thank you very much. See you all in January, yeah, oh, my goodness. I.
