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l <br />REQUEST FOR COUNCIL ACTION <br />2 The subject property is a 4O unit condo building with only three occupied units. The building is <br />3 not totally complete. Work has stopped. <br />4 0 The current owner is Cottonwood Holdings, LLC. <br />0 Notices were sent August 7 and August 18, 2008. <br />6 • Current violations include.- <br />"7 • Trash and debris on site (Violation. of City Code Section 407.02.D). <br />I <br />0 Outside lumber storage (Violation. of City Code Section 407.02M). <br />9 • Building is not secure, open to entry (Violation. of City Code Section 407.03J). <br />('-) 0 A status update, including pictures, will be provided at the public hearing- <br />11 POLICY OBJECTIVE <br />12 The City goals within the Comprehensive Plan are to protect and improve property values (Goal 3, 4, <br />13 and 5; page 6 and, Section 3), and to adhere to performance standards which protect the integrity of the <br />1 <br />14 housing units and the neighborhood (Policy 6, page 8, Section 3). <br />FINANCIAL IMPACTS <br />16 City Abatement.* <br />1 An abatement would encompass the following.- <br />1 0 Remove trash and debris.- <br />19 0 Approximately - $,500.00 <br />20 0 Remove scrap lumber.- <br />2 1 o Approximately - $,200.00 <br />Page I of 2 <br />