Municipality currently owns the property and wants to transfer to a third party Briefly describe the circumstances under which the municipality became the owner of the property (e.g., tax foreclosure, eminent domain, purchase, inheritance, donation or other mechanism). Briefly describe the transfer considerations for the property (e.g., hold the property ready for reuse, transfer the property immediately). Briefly describe any due diligence that was conducted prior to assuming ownership of the property and potential liability concerns associated with the property. Briefly identify significant issues (e.g., breaker”) and information “deal needs. If Action eliminated, provide a brief description of the reason for elimination. Acquisition and long-term ownership Briefly describe the property recovery action (purchase, foreclosure, eminent domain, or other action). Briefly summarize the basis for keeping this action under consideration. Briefly identify significant issues (e.g., breaker”) and information “deal needs. If Action eliminated, provide a brief description of the reason for elimination.
Municipality currently owns the property and wants to transfer to a third party Briefly describe the circumstances under which the municipality became the owner of the property (e.g., tax foreclosure, eminent domain, purchase, inheritance, donation or other mechanism). Briefly describe the transfer considerations for the property (e.g., hold the property ready for reuse, transfer the property immediately). Briefly describe any due diligence that was conducted prior to assuming ownership of the property and potential liability concerns associated with the property. Briefly identify significant issues (e.g., “deal breaker”) and information needs. If Action eliminated, provide a brief description of the reason for elimination. Acquisition and long-term ownership Briefly describe the property recovery action (purchase, foreclosure, eminent domain, or other action). Briefly summarize the basis for keeping this action under consideration. Briefly identify significant issues (e.g., “deal breaker”) and information needs. If Action eliminated, provide a brief description of the reason for elimination.
worksheet_3_property_recovery_actions.docx