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<br /> City Council <br /> (Contd.) <br /> <br /> January 239 1980 <br /> corporation and 'the board of 'the Corranunity L'evelopmerrt Corporation <br /> considers the no;nination and appoints the management corporation, <br /> i•ir, Bice .reported that :in the IQewport building the people have formed <br /> their own cooperative and can appoint their ocan maxragemerrt corporation, <br /> •iayor Hanson asked. ''ir, kZi.ce how much land irould be required per <br /> apartment unit, rvrr, nice responded that in Newport fora 52 unit <br /> building they are building on 2 aaces, ltlce stated also that a <br /> three story unit would be the way to go> <br /> i~layor Hanson stated that the City has the need and a site in mind9 <br /> the Scheier property on County t2oad C9 how does the City acquire the <br /> property'? i`ir, Bice replied that the City could Float a bond or <br /> apply for eonnnurrity' development block gx•ant funds, '.i'he best would <br /> be for the City to obta:i.n an option on the land, 4r. Pace in:ormed <br /> the Council that i.f the City is interested in the Community Development <br /> Corporation as 'the developer9 his board. is having a meeting, on Februaxn~' <br /> 5 and the City could give there a -letter requesting 'them as developer <br /> vahich they v;ould consider at that meeting, <br /> Nir, Mice stated that if 'the City eras interested in 'them as the <br /> developer on this project and if they acceoted9 the Conununity <br /> uevelopment Corporation ~sould prepare the application for financing <br /> ~•rhich must be filed by P~iarch 319 1980. St would be until about <br /> September before 'the Clty would xnow if their applica:ti.on was approved. <br /> I.f' approved9 it rrrould be early 1981 before the dravrings for the <br /> building would be ready. <br /> Councilman De;;ace asked who would determine the number of units <br /> the building would be, iGlr, mice responded that this ,•rould be <br /> worked out jointly, One of the considerations irould be the land <br /> cost and the number of dollars per unit, if there was a very high <br /> land. cos't9 you vrould want to put more units on :it. I~ir, mice stated <br /> that the 1~0 to 60 unit range is a comfortable one, <br /> Councilman k'ahey asked about -the possibility of a. 'two story building, <br /> DeF3ace replied that this isn9t practical ox economical 'to put up a <br /> tiro story building vrS.th an elevator, One of the requirements for <br /> a seniox citizen housing development is that the building have a,n <br /> elevator. I~ir, 3ice stated that the building should be three®story <br /> and above gxound due to harrdicapped requirements, <br /> Fahey asked if cormnuni.ty development block grants would be availab:ie <br /> for part of the land for park and the other for senior citizen housing. <br /> Nlr. Rice stated thab toould be possible, <br /> Counci]snan lle13ace asked if the developer would not sell 'the land under <br /> consideration if it could be condemned fo.r senior citizen housing, <br /> Nir, Mice stated he thought it could, <br /> iLr> Bice informed Council that if his corporation were bhe developer <br /> it vrould vrork with a connnittee formed by the City to address issues <br /> like what the buildink; would look lilce9 facilities9 etc. Fahey <br /> stated that senior citizens9 homeo?aners in the area9 or Councilmembers <br /> cou:l.d. sit on this committee. <br /> Page A3- <br /> <br />