FLINT TWP. — The Flint Township Board of Trustees agreed Monday to apply for a $37,500 loan to pay for demolition of eight condemned properties.
The township will enter into a loan agreement with the Genesee County Land Bank to fund demolition of properties that have been foreclosed on and now are in the possession of the Genesee County Treasurer. The properties have been deemed uninhabitable by the Flint Township Building Official.
Township Supervisor Karyn Miller said there are 62 parcels currently in foreclosure in Flint Township.
“I’m not going to use our tax dollars to demolish buildings,” she said.
The Genesee County Treasurer and Genesee County Board of Commissioners provided $150,000 for a revolving loan fund to help local communities offset the cost of demolition of structures that meet their criteria to improve public safety, stabilize property values and enhance economic development opportunities.
Christina Kelly of the Genesee County Land Bank said in a letter that the revolving loan fund typically is used for privately owned properties, but Genesee County Treasurer Deb Cherry confirmed that an exception could be provided for the Flint Township properties because auctions have not occurred, so it is not yet known if they will remain in the Treasurer’s hands.
If the township’s loan application is approved and the property is transferred to the Land Bank after the auctions, the loan funds would be forgiven. If the property is sold at auction, the proceeds would be used for any demolition costs. The Land Bank would then recommend to the Treasurer that any remaining revolving loan fund costs incurred for demolition would be forgiven.
“We won’t take the money unless I can be assured it will be forgiven,” Miller said.
The eight condemned properties are 3224 Augusta St., 2102 Harwine St., 3385 Phillip Ave., 1018 Williamson Ave., 3340 Hogarth Ave. (garage only), 2051 Westover Drive, 3068 Clarendon St. and G1266 Donaldson Blvd.