The city may have another opportunity to improve area homes.
The Common Council of the City of Brazil received information during Tuesday's meeting about a Neighborhood Stabilization Program Grant.
Angie Pappano, vice president for Kenna Consulting and Management Group, Inc., Indianapolis, said the grant application is still in the early stages, but it could be for a large amount.
"We have not specified the properties to be targeted, but the request could be upwards of $3 million," Pappano said.
She added the area of greatest need within the city has been identified as west of Depot Street, between United States 40 and Hendrix Street.
"There are a total of 146 properties in that area," Pappano said. "Most of them are residential and about 40 are classified as blighted."
City Planning Administrator Stacy Gibbens told the council the grant money could also be used to purchase tax sale foreclosures, of which 32 of the properties in the area are included in the future commissioners certificate sale.
"The public will have the first chance to purchase those properties in the sale," Gibbens said. "Then we will look at what may be left for possible purchases."
Pappano added that revenue generated from the resale of rehabilitated homes can be recycled to improve other properties in the same area.
"This is a good opportunity to make a change in the area," she said. "Plus, it can also have a ripple effect throughout the community, like increasing property values for instance."
Pappano told the council a full proposal will be ready for review at the March meeting.
In other business during Tuesday's meeting, the council:
* Approved a rezoning request for 535 N. Vandalia St. The property is being converted into a duplex and the change moves its status to allow it to be a multi-family dwelling,
* Approved an ordinance allowing the enforcement of fines and penalties for unlawfully parking in the handicapped space in front of Fun Time Scuba, 551, E. National Ave., and
* Brazil Mayor Ann Bradshaw announced a special council meeting would be conducted Thursday, Feb. 26, at 6 p.m., in the Council Chambers of City Hall. The purpose of the meeting will be to hear a report on the water utility from Dan Hedden, CPA Principal for Umbaugh and Associates, Indianapolis.
The next regular meeting of the Common Council of the City of Brazil will be Tuesday, March 10, at 7 p.m., in the Council Chambers of City Hall.