2005-07-18 - Laserfiche WebLink

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Mr. O'Connell pointed out that an implementation timeline is included in the proposal. Dr. Brown asked if there was an earlier purchase of land and site development, would it be the sense of Council that this is the way they want to invest housing funds. He said Council could indicate their support if the proposal is fleshed out which would allow them to move forward with funding raising and come back to Council. Mr. Caravati asked staff to write up such a motion and bring it back at the next meeting. Ms. Hamilton congratulated staff for the language included to protect the City' s interest. Mr. Tolbert said the reason the money is being asked for now is they have to close on the property and they are short of funds. He said the City is the last resort for funding. He said maybe there is a way to amend the contract to protect the City if the project does not go through. Mr. Brown said there could be an agreement between the City and Abundant Life Ministries. Mr. Lynch said he is concerned this is a speculative project. Dr. Brown pointed out that they have the opportunity now to purchase the property. Dr. Brown asked staff to come back with a proposal. Mr. Lynch asked what if we get an occupancy date. He said he would also like to look at the 30 year clause and asked why we have an end date for the City's interest. Ms. Hamilton pointed out that the 30 year residency is longer than most. ORDINANCE: ASSESSMENT OF BUILDINGS SUBSTANTIALLY COMPLETED Mr. O'Connell said that this issue came up during the budget process. Ms. Leslie Beauregard, Budget Manager, explained that assessments are not redone until new buildings are completed. She said this change would allow for the bills to be prorated. She noted that many localities current do this. Mr. Caravati asked what triggers the assessment now, and how would it be done in the future. Ms. Beauregard said that it is triggered now on the certificate of occupancy. She said in the future it would be based on a site visit. Mr. Lynch said he thinks the change makes sense. Mr. Schilling asked if there is a contingency in the current ordinance that if a building is demolished the owner can get a credit, and if so, how is this done. Ms. Jennifer Brown, Treasurer, said yes, the owner is assessed for just the land value. She said it is done through the annual reassessment and the owner pays full value. Ms. Beauregard said that under the proposed ordinance there could be a reassessment. Mr. Brown said that the current ordinance allows for reassessment for fortuitous or accidental demolition, but not voluntary. Mr. Schilling said he would like to see how a case where a property is being renovated and unusable because it is stripped down would be covered.