The Guernsey County Land Financial institution recently accepted a $14,200 offer you for a property in the 200 block of North Eighth Avenue that it owns.
The give was reportedly submitted by a former Cambridge resident searching for a put to build a home when he returns to the city upon retirement.
“I program to, at a least, to keep and retain the land as an expenditure and sooner or later develop it by making a home,” explained the prospective purchaser in a letter. “As Cambridge is my hometown, I take satisfaction in its background.”
Land band member Conrath described the ton has been owned by the metropolis for more than three years.
“Just after creating the land lender, we razed it with our first demo income,” claimed Conrath.
Board users also passed a motion to take a $1,500 offer you for assets in the 200 block of Church Avenue in Senecaville once the land financial institution has acquired the deed.
The land bank also ideas to ask for possession of a Second Road property in Derwent scheduled to be included in the subsequent auditor’s sale scheduled for June 14.
Conrath described preparations to market a house at 731 South Eighth St. in the metropolis are approximately finished. At the February meeting, the board permitted a motion to take a $1,500 supply from Scott and Rebecca Bishard, entrepreneurs of a neighboring house.
The land financial institution has been given the deeds for 3 houses on Broad Avenue, South 10th Road and Cambridge Avenue in the town.
Conrath explained the company has contracts for acquire of the South 10th Road lot that involves a garage and the Cambridge Road place. A probable customer has also expressed fascination in the Wide Avenue property that contains a home.
The house on Wide Road is 1 of the homes involved with a Making Demolition System grant software submitted at the finish of February.
“We put that on the demo listing and it does require to occur down, so he is prepared to hold out right until the demolition,” said Conrath.
Guernsey County could receive as substantially as $500,000 as a result of the Developing Demolition and Site Revitalization Program grant by the Ohio Division of Enhancement.
“Eighty-5 of the 88 counties used for the demolition grant, but not incredibly lots of counties utilized for the brownfield dollars,” stated Kim Haught for the duration of an update pertaining to the demolition grant program. “We are just waiting to hear from them.”
Guernsey County was a person of the counties that did not use for the grant.
The board also reviewed possibly obtaining some of the demolition, if authorized by condition officers, to guide with two downtown Cambridge buildings wrecked by hearth.
Area officials are looking for help from Ohio Rep. Adam Holmes (R-97th District) and Sen. Tim Schaffer (R-20th District) to receive the resources for the downtown demolition due to protection fears.
Conrath reported the land band Land now has a selected staffer at the Guernsey County Auditor’s Place of work who will be accountable for handling requests and paperwork from the company.
Board users briefly mentioned the $25,000 offer you for a few lots at the corner of Beatty Avenue and Clark Avenue that the customer plans to transform to a park that will be taken care of by the city.
The potential operator was not able to show up at the conference, so board associates expressed an interest in acquiring them go to the next meeting in April.
In miscellaneous business:
The land bank’s recent financial institution equilibrium is $41,926.92, down somewhat from $42,063.92 as of the February conference.
Director Jim Caldwell was licensed to indication a lease with Utica Resources for a drilling job.
A tree on land lender owned house in the 600 block of Grant Avenue in Cambridge has been felled immediately after a part fell onto a neighbor’s roof. Conrath mentioned she is awaiting the bill for the work.
The land bank will upcoming meet at 11 a.m. April 27 in the County Administration Creating.
This post originally appeared on The Daily Jeffersonian: Land bank to offer homes in Cambridge, Senecaville