Project ID: BC-06-003
Address: To Be Determined
Department: Growth Management and Development Services
Funding Source: Utility Tax Fund
Index: BC50321AA
City Council District: NA
Monetary Information
FY10 Budget: $15,000
FY11 Budget: $15,000
FY12 Budget: $15,000
FY13 Budget: $15,000
FY14 Budget: $15,000
FY15 Budget: $15,000
Description
This project provides funding to demolish structures on real property acquired or owned by the city in redevelopment areas. These funds are typically used to demolish structures on property received at sales conducted by the Hillsborough County Tax Collector. The structures on these properties are uninhabitable, unsafe and beyond repair as a result of the elements, age, lack of maintenance, termites, and other outside influences. In these instances, the city would then use the property in its affordable housing program or sell it to individuals or developers for redevelopment. This project would also fund demolition of city owned property, making the site more attractive in a sale for redevelopment.
Notes
When the city acquires property with condemned, substandard buildings, those structures are demolished or secured to protect the asset until sold.
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