06-26-1986 Regular Meeting ZBOA - Laserfiche WebLink

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. This is a rare case when all parties can benefit, all parties being La Porte, the Bank, and myself, with just a little extra effort, and without this concerted effort the situation will remain status quo. The status quo option will leave the property unimproved, unmowed and generally uncared for, an eyesore and a possible hazard for surrounding residence. Status quo will also leave the bank with real estate that cannot be sold simply because without the restora- tion of the existing homes, the property itself is not worth what is owed on it. The banks policy on ORE is to put no capitol into improvements of the property. It is quite concievable that the property could remain, in the identical condition, or worse, for years, possibly until real estate prices rise considerably,beyond even ,the most optimistic predictions of 3 to 5 years. In addition, wi thout inhabi tants, the Ci ty of La Porte will lose revenues from water usage as well as taxes due to land improvements. It is my belief, and commitment to City of La Porte, that the houses can and will be completely restored and liveable at a rate of one house per seven week period. A total span of only 28 weeks is necessary to totally restore the property and homes. It is my intention to paint, patch, mow and completely restore the property and homes to a like new condition. Adequate financing is available to complete the entire project in 28 weeks or less. A letter of commitment can be provided as proof if necessary. I will be more than willing to work closely with each department of inspection and will meet or exceed all city codes and standards expected of me. Without restoration the property is of no value to me, so my motivation for completion is obvious. In conclusion to council please let me state again that I mean no harm and hope to cause no inconvenience to anyone. I do feel, however, that my plea and offer is a "no lose" proposition for the City of La Porte for the state and condition of the property can only be improved upon. I do wish that my willingness to please . the inspectors, the City and the residences of Bayer street will be considered when making your decision. Basically, I am asking council only for a chance. SderelY ( tt Jerr:1hQ~~