Board of Estimate and Contract:
RESOLVED, that an Ordinance adopted by the City Council on March 11, 2026, and signed by the Mayor on March 12, 2026, rescinding the Prior Recommendation for the Sale of City-Owned Property Located at 234 East 5th Street - (Parcel ID: 169.32.4064.001), to Sheldon Sharpe of Sharpe Home Design LLC for the sum of $435,000.00 - (the subject property shall remain in the ownership of the City of Mount Vernon unless and until further action is taken by the City Council authorizing its disposition in accordance with applicable law and City procedures); and the same is hereby approved.
City Council:
AN ORDINANCE RESCINDING THE PRIOR
RECOMMENDATION FOR THE SALE OF
CITY-OWNED PROPERTY LOCATED AT
234 EAST 5TH STREET (PARCEL ID: 169.32.4064.001)
Whereas, in correspondence dated March 2, 2026, the Secretary of the Real Estate Committee formally requested that the City Council rescinds and withdraws any prior recommendation, authorization, or approval to convey the City-owned property located at 234 East 5th Street, Mount Vernon, New York, Parcel ID: 169.32.4064.001, to Sheldon Sharpe of Sharpe Home Design LLC for the sum of $435,000.00; and
Whereas, by correspondence dated October 1, 2025, the Mayor requested that the City Council consider and approve authorization to convey certain City-owned real property known as 234 East 5th Street, Mount Vernon, New York, identified as Parcel ID: 169.32.4064.001 (the "Property"), to Sheldon Sharpe of Sharpe Home Design LLC for the total sum of Four Hundred Thirty-Five Thousand Dollars ($435,000.00); and
Whereas, the Property was acquired by the City of Mount Vernon through foreclosure proceedings for non-payment of taxes; and
Whereas, as a condition precedent to the conveyance of City-owned real property, the prospective purchaser was required to submit specified legal documentation within the timeframe established by the Real Estate Committee ("REC"); and
Whe...
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