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2015-02-27_HRA_Agenda_Packet
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2015-02-27_HRA_Agenda_Packet
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3/12/2015 3:14:27 PM
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Commission/Committee
Commission/Authority Name
Housing Redevelopment Authority
Commission/Committee - Document Type
Agenda/Packet
Commission/Committee - Meeting Date
2/27/2015
Commission/Committee - Meeting Type
Special
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Attachment B <br /> <br />Councilmember Willmus suggested that action be taken soon. <br /> <br />At the request of Councilmember Laliberte, Mr. Buelow confirmed that, regardless <br />of the 18 or 25 unit plan decided upon, the goal was to start on Cope Avenue. <br /> <br />In response to Councilmember Lalibertes question on the need for the former fire <br />station to be razed immediately, Mr. Buelow advised that it added value to the <br />property to have it razed and for marketing purposes to show a clean site, but if <br />necessary could remain even though it would not be aesthetically pleasing to <br />potential buyers of units. <br /> <br />Ms. Olson noted that it would change equity in the property to some extent. <br /> <br />Mr. McNamara responded that he was of the opinion that it was everyones goal to <br />remove the fire station in a timely manner; and while recognizing Councilmember <br />Willmus comment about that causing uncertain equity concerns for the City, he <br />also understood Mr. Buelows concerns that it affected marketability of the project. <br />Mr. McNamara clarified that the bank was not intending to take the fire station as <br />security, but was concerned about the overall marketability of the site and project, <br />with differences in whether or not the fire station remained perhaps negligible. <br /> <br />Councilmember Willmus opined that the fire station could come down provided <br />sufficient protections were included in the Development Agreement to protect the <br />City for any loss incurred, which was one point of negotiation. Councilmember <br />Willmus recognized concerns of the bank and GMHC in marketing the project; <br />however, he opined that a way could be found to make this work and protect the <br />Citys future interest in the property if the development should fail. <br /> <br />Ms. Olson opined that this could be dealt with early on in the project, as the speed <br />at which the units were selling should be obvious. <br /> <br />Motion <br />At approximately 9:56 p.m., Laliberte moved, Willmus seconded, extending the meeting beyond <br />the curfew for the purpose of completing discussion on this item (14.c) and the following item, <br />14.b scheduled for open session. <br /> <br />Friendly Amendment <br />McGehee moved, Etten seconded, a friendly amendment to complete only this item (14.c) and no <br />other agenda items. <br /> <br />At the request of Councilmember Etten as to Councilmember McGehees rationale in not <br />completing other items on the agenda, Councilmember McGehee responded that she had a number <br />of comments on item 14.b and did not wish to delay the meeting longer, and only <br /> <br /> Roll Call (Amendment) <br /> <br />
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