1999-08-02 - Laserfiche WebLink

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I85 Mr. Toscano noted that a County resident holding a Section 8 voucher could move into the housing. tvLs. Richards said she likes flexibility built in, but .agrees with Mr. Toscano, and suggested that a stipulation be added "pro~ded that such development is not in conflict with the Council's Housing Strategy or economic development plan." Councilors agreed with Ms. Richards' suggested language. Mr. Toscano said he is struggling with whether the period of time that the City could exercise its option should be shortened to three years. Mr. Armstrong said three years may be too short a period of time to get comprehensive community input, get a developer and secure funding. Mr. Caravafi said that even welt funded private development projects can take two to three years, and said he feels a five year period is reasonable. Ms. Daugherty agreed with five years. Ms. Richards suggested that the project could be benclunarked in a more refined way, allowing three years for design-and approval, and an additional two years for construction. Mr. Kirtley said he guarantees that PHA wilI move forward as quickly as possible, and said that he feels only external sources could slow the project down. Mr~ Toscano said he is only concerned because City funds wilt be:invested in the project, but said he can live with the four years and six months as included in the contract. Mr. Toscano, referring to the resolution approving a grant application for PHA later in the meeting, asked what happens to the $30,000 for demolition if the grant comes through. Mr, Armstrong said that the gram money can be used for acquisition and other purposes. Ms. Richards made a motion to approve the resolution authorizing housing initiatives funds for purchase of property- at 9~/t0~ Street by Piedmont Housing Alliance, with the contract amended by Council. Mr, Caravati seconded the motiorL Mr. Toscano clarified that the phrase "termination for any mason" remains in the contract. The resolution was approved by the following vote. Ayes: Mr. Caravati, Ms. Daugherty, Ms. Richards, Mr. Toscano. Noes: None. Absent: Mr. Cox. BE IT RESOLVED that the City Manager is authorized to execute the contract between the City and Piedmont Housing Alliance dated August t, I999, which document is incorporated herein by reference, and which should result in an important redevelopment project for the 9th -10th Street Confdor; and- BE IT FURTHER RESOLVED that the City's monetary obligations under said contract shall be taken from the Housing Initiatives Account of the Capital Fund. Mr. Armstrong said that three of the four houses on tlinton Avenue have been sold and the project is having a real impact on the street. Mr. Toscano asked staff to compile data to show the impact such investments can have.