Friday, December 2, 2011
Twenty three of 26 University City homeowners have agreed to buyout terms.
The $4 million Wilson Avenue buyout in University City is taking another step toward demolition. So far, 23 of 26 homeowners who opted into the voluntary buyout have agreed to offers, and 20 of the homes have already closed. The company contracted for the demolition, Diamond H Acquisition Corp., is holding salvage sales. Customers can buy and remove anything left in the houses, including: One salvage sale was Nov. 26. The next sale is from 8 a.m. to 4 p.m. Saturday and Sunday. There also will be a sale Dec. 10 and Dec. 11. “They can buy appliances, light fixtures, hot water heaters, air-conditioning units—basically anything left in the home after the owners move out,” said Megan Fuhler, senior project manager for the City of University …
Tuesday, October 11, 2011
The City of University City is accepting bids for the demolition/land clearance and abestos abatement of the Wilson Avenue Buyout Project until 3:00 p.m., Friday, October 14, 2011.
University City is another step closer to completing the Wilson Avenue Flood Buyout Project. The City is accepting bids for the demolition/land clearance and abestos abatement of the buyout project. Bids are due by 3:00pm Friday, October 14. It was three years ago in September that the River Des Peres, which runs along the back of several dozen homes on Wilson Avenue, unleashed a torrent of floodwaters, which caused two deaths on the street. The buyout involved 26 homes on Wilson. The City plans to demolish the homes and turn the land into a greenway. Click here to see the Bid Posting for Demolition Work Involving the Wilson Avenue Flood Buyout.
Thursday, August 4, 2011
By next week, the City of University City hopes to have closed on more than half of the homes involved in the Wilson Avenue Flood Buyout.
The City of University City has finally started buying up homes from residents involved in the Wilson Avenue Flood Buyout program. "We've closed on several of the properties on Wilson Avenue, and I expect to have all of the properties purchased by the middle of September," City Manager Lehman Walker told University City Patch. "Last week, I closed on seven. By the end of next week, I will have closed on another eight." In total, the city has agreed to buy 26 homes that are situated in the floodplain. The buyout process was initially slated to begin in February, but was pushed back after the city learned it needed to conduct an environmental assessment as part of the process of pursuing a supplemental disaster grant. During the review, …
Friday, March 25, 2011
Residents involved in the Wilson Avenue Buyout told summer at the earliest for buyout talks to resume with the City to buy their homes.
The earliest date that University City staff expect to start buyout talks with property owners involved in the Wilson Avenue Flood Buyout is this summer, according to University City Director of Community Development Andrea Riganti. Buyout talks were initially slated to begin in February, but were pushed back after the City learned it needed to conduct an environmental assessment as part of the process of pursuing a supplemental disaster grant. During the review process recipients are restricted from acquiring property or expending any grant funds (including FEMA funds). On March 14, the City learned that it had been awarded $461,000 in grant money. The average timeframe for the environmental review process is 60 to 90 days. The review …
Friday, January 28, 2011
Residents involved in the Wilson Avenue buyout may not be able to begin talks with the City until April or May.
Just days before homeowners involved in the Wilson Avenue flood buyout program were set to begin talks with University City about acquiring their homes, they learned Thursday night the buyout time-line would be pushed back a month or more. The development stems from a nearly one million dollar supplemental disaster grant the city applied for earlier this month through the Missouri Department of Economic Development. City Manager Lehman Walker said the City cannot run a parallel track. "We cannot use grant funds in order to purchase your properties while we're trying to get the other grant," he said. Walker said that he learned last Friday that if the City is successful in getting the new grant, recipients are required to perform an …