City Council:
AN ORDINANCE AUTHORIZING THE SALE
OF CITY-OWNED REAL PROPERTY LOCATED
AT 234 EAST 5TH STREET, MOUNT VERNON,
NEW YORK, IDENTIFIED AS PARCEL
ID 169.32-4064-001, TO SHODAP HOUSING,
LLC FOR THE SUM OF $445,000.00
Whereas, by correspondence dated November 5, 2026, the Comptroller requested authorization and approval for the sale and conveyance of the City-owned real property located at 234 W. 5th Street, Mount Vernon, New York, identified as Parcel ID 169.32-4064-001, to Shodap Housing, LLC, for a total purchase price of Four Hundred Forty-Five Thousand Dollars ($445,000.00); and
Whereas, the City of Mount Vernon (the “City”) is the owner of certain real property located at 234 W. 5th Street, Mount Vernon, New York, identified as Parcel ID 169.32-4064-001 (the “Property”); and
Whereas, the Property was acquired by the City through foreclosure proceedings resulting from the non-payment of real property taxes; and
Whereas, the City determined that the Property should be offered for sale in accordance with applicable City procedures and requirements governing the disposition of City-owned real property; and
Whereas, all offers submitted for the purchase of the Property were reviewed and considered by the City’s Real Estate Committee on October 30, 2026; and
Whereas, following its review of the offers received, the Real Estate Committee unanimously determined that Shodap Housing, LLC was the prevailing bidder and was in full compliance with the applicable bidding process; and
Whereas, Shodap Housing, LLC has offered to purchase the Property from the City for the total sum of Four Hundred Forty-Five Thousand Dollars ($445,000.00); and
Whereas, the City Council has determined that the proposed sale of the Property to Shodap Housing, LLC for $445,000.00 is in the best interests of the City and its residents and should be authorized, subject to compliance with all applicable laws, rules, regulations, and closing requirements; and
Whereas, the City Council desires to authorize the Mayor, on behalf of the City, to execute all necessary documents and instruments to effectuate the sale and conveyance of the Property to Shodap Housing, LLC.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF MOUNT VERNON, NEW YORK, AS FOLLOWS:
Section 1. Authorization of Sale. The City Council of the City of Mount Vernon hereby authorizes and approves the sale and conveyance of the City-owned real property located at 234 W. 5th Street, Mount Vernon, New York, identified as Parcel ID 169.32-4064-001, to Shodap Housing, LLC, for the total purchase price of Four Hundred Forty-Five Thousand Dollars ($445,000.00).
Section 2. Authorization of Mayor to Execute Documents. The Mayor of the City of Mount Vernon is hereby authorized and directed, on behalf of the City, to execute and deliver any and all deeds, contracts, closing documents, affidavits, certifications, and other instruments necessary or appropriate to effectuate the sale and conveyance of the Property to Shodap Housing, LLC, subject to review and approval as to form by the Corporation Counsel.
Section 3. Terms and Conditions of Conveyance. The sale and conveyance authorized herein shall be subject to such customary terms and conditions as may be approved by the Corporation Counsel and the appropriate City officials, including the payment of the full purchase price of $445,000.00 and satisfaction of all applicable closing requirements.
Section 4. Receipt and Deposit of Sale Proceeds. The purchase price and any other funds received by the City in connection with the sale of the Property shall be received and accounted for by the City Comptroller and deposited into the appropriate City account or accounts in accordance with applicable law and City financial procedures.
Section 5. Further Authorization. The Mayor, Comptroller, Corporation Counsel, City Clerk, and all other appropriate City officers and employees are hereby authorized to take all actions and execute all documents reasonably necessary to carry out the purposes and intent of this Ordinance.
Section 6. Compliance with Applicable Law. The sale authorized by this Ordinance shall be conducted in accordance with all applicable provisions of the New York State General Municipal Law, the Mount Vernon City Charter, the Mount Vernon City Code, and any other applicable laws, rules, regulations, and requirements governing the disposition of municipal real property.
Section 7. Severability. If any provision of this Ordinance or the application thereof to any person or circumstance is held invalid or unconstitutional, such invalidity or unconstitutionality shall not affect any other provision or application of this Ordinance that can be given effect without the invalid or unconstitutional provision or application.
Section 8. Effective Date. This Ordinance shall take effect immediately upon adoption by the City Council and subsequent approval by the Board of Estimate and Contract.