LCRA Board actions from June 17, 2024

LCRA Board actions from June 17, 2024

Actions from the Land Clearance Redevelopment Authority (LCRA) meeting held Monday, June 17, were:

  • The board voted to increase the price of List 1 properties to $1,250 and List 2 properties to $750, effective June 18, 2024. Commercially zoned properties were excluded with prices to be determined later. Combination lots will still be open to negotiation.
  • The board rejected a bid of $400 from Otis Boone for the property located at 207 Lee.
  • The board accepted a bid of $500 from Kenneth Wilson for the property at 327 Westgate.
  • The board tabled a bid of $500 from Michelle Bowden for the property at 214 Westgate.
  • The board tabled a bid of $500 from Michelle Bowden for the property at 217 Alabama.
  • The board tabled a bid of $500 from Michelle Bowden for the property at 219 Alabama.
  • The board rejected a bid of $250 from Alejandro Sanchez for the property at 313 Prosperity and made a counteroffer of $500.
  • The board accepted a bid of $1,000 from Alejandro Sanchez for the property at 403 Prosperity.
  • The board confirmed the sale of 827 S. West was completed and property conveyed to Justin Williams Construction, LLC for $5,000 on June 5.
  • The board was informed that William F. and Shori Ferrell rescinded their offer for the property at 406 Ashley and it was put back on the market.
  • A Notice of Right to Redeem to all owners and lenders of record on May 21, 2024, for the properties of 826-840 Ruth, 320 Luther and 204 Adams have been sent. Collector’s Deeds will be requested after the Aug. 28, 2024, deadline.
  • The board heard from Sikeston Community Development Director Barry Blevins who said LCRA properties were checked after the tornado. Mostly limbs and typical debris were found and he said his staff was working to getting the properties cleaned up.
  • Blevins also gave updates on properties at 206 Adams and beside the new Dollar General on W. Malone.
  • Blevins told LCRA that Zach Ventura with Double Diamond Construction and Development had identified some properties they were interested in for the Low-Income Housing Tax Credit (LITHC) program. Blevins will show Ventura around the interested properties and other possible properties in early July.
  • The board approved Blevins soliciting bids for a skid steer and dump trailer. The items will be purchased by the city and reimbursed by the LCRA.
  • Dan Marshall, chairman of the LCRA board, praised the city for their tornado response. “The LCRA appreciates the city and all they’ve done in the aftermath of the tornado,” Marshall said.
  • The next LCRA meeting will be July 15 at 11:30 a.m.