The City currently holds approximately $5,000.00 in nuisance abatement liens, and associated collection costs and interest, against one Parcel on Cabell Street near the W.W. Moore Detention Home, identified as Parcel #24577. The liens and costs greatly exceed the market value of the Parcel, which is presently assessed at $600.00.
The nuisance abatement liens relate to grass cuttings dating from 2009 to 2018. The present owner of the Parcel is a defunct corporation in liquidation who wishes to donate the land to the DRHA to assist with the improvement of the Monument-Berryman Master Plan, in exchange for the release of the delinquencies and liens. Partnering with the DRHA on this furthers the City’s goals of blight eradication and encouraging the productive use of real property. The donation is dependent upon the City releasing the recorded nuisance abatement liens and associated costs to allow clear title to transfer.
Under State law, City Council can release nuisance abatement liens to facilitate the transfer of an otherwise unmarketable lot. City Staff has determined that releasing the outstanding nuisance abatement liens to facilitate the property transfer would be of benefit to the City by eliminating likely future maintenance costs, increasing the taxable value and productive use of the Parcel, and assisting the DRHA in revitalizing the Monument-Berryman conservation area. |