TITLE: Title
A RESOLUTION BY THE TROTWOOD CITY COUNCIL AUTHORIZING THE TROTWOOD COMMUNITY IMPROVEMENT CORPORATION TO INITIATE A PROPERTY TAX FORECLOSURE ACTION ON THE TAX-DELINQUENT LAND KNOWN AS 4004 SALEM AVE (H33302201 0022) IN ACCORDANCE WITH CHAPTER 5722 OF THE OHIO REVISED CODE.
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PURPOSE: Facilitate aggregation for commercial development and and productive reuse of the lot.
DEPARTMENT: Trotwood Community Improvement Corporation (TCIC)
CONTACT INFORMATION: Chad Downing, Housing Director
INFORMATION: The commercial parcel located at 4004 SALEM AVE (H33302201 0022) is vacant and abandoned property and currently has delinquent real estate taxes/assessment balance of $42,908.85.
FISCAL & STAFF IMPACT: n/a
RECOMMENDATION: Pass resolution authorizing the Trotwood CIC to initiate the expedited tax foreclosure process and implement this property into the Trotwood CIC’s Land Reutilization Programming.