Wednesday, September 24, 2008

Cincinnati to vote on sale of surplus College Hill property

Cincinnati City Council is set to vote on an ordinance to sell surplus City property in College Hill to Working in Neighborhoods (WIN).

The property, at 1208 Cedar Avenue, is located between two WIN-owned properties and adjacent to the construction site of a new energy-efficient (and possibly LEED-certified), single-family house.

WIN has offered to purchase the property for $1,000, its appraised fair market value, through the Cincinnati Land Reutilization Program (CLRP).

The City-owned 0.14 acres, which it has held since late 2007, will be added to the property at 1304 Cedar Avenue to create a larger lot.

CLRP, established by council in 1996 to return abandoned property to tax-generating use, is managed by the Department of City Planning.

The program has acquired approximately 68 parcels of land since its inception.