03-23-88 Council Minutes - Laserfiche WebLink

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r~r~uTEs City Council March 23, 1988 Senior• The City Cler~k r•epor~ted that he has discussed the possibility of an Citizen addition onto the Garden Terrace se nior citizen apartment building Housing with the Ar~chdiocese and they have indicated that Feder•al 204 funds could no t be used for an addition. However, the Archdiocese would Agenda like to discuss the possibility of an addition and funding alter~natives Item No. 13 with the City. Fahey r~epor•ted that the City's Econoinic Development Committee has discussed this issue and has commissioned Business Development Ser~vices to wor•k with the City Cler•k on locating block gr~ants. The concensus of the Committee was that the City was better• developing a senior~ citizen housing project with block qrants as the City would retain mor•e contr•ol over• the pr•oject. The City could establish a housing boar•d which would manage the building and the City could give occupancy pr~efer•ence to Little Canada r•esidents. The building could be r•un at cost. Qusiness Development Ser~vices will r•epor~t on this matter• next week. The Ci ty Cl er•k r•epor•ted that the Ar•chdi ocese i s concer~ned about a competitor• management association building a senior• building next to Gar~den Ter•r~ace and competing with the Ar~chdiocese. Blesener• stated that he would be in favor• of wor•king with the Ar•chdiocese as long as the City could r•etain contr•ol and give pr~efer~ence to Little Canada residents. The City Clerk replied that Garden Terrace was financed with Federal funds and this precluded giving Little Canada residents preference. Fahey pointed out that the City has been infor•med that ther~e is no mar~ket for• seni or~ ci ti zen mar~ket r~ate housi ng. Scalze felt ther•e was a gap that needed to be filled between mar•ket rate housing and subsidized housing. Fahey suggested that if the City constr•ucts the senior• building, it woul d pr~obably have to oper•ate at mar~ket r~ate for• the fi rst coupl e of year•s. The Planner• agr•eed unless some funding could be gener~ated thr~ough Tax Increment Financing or a grant. Blesener• siaggested that the City wor•k with the Ar•chdiocese on the management of a new building as well as shar•ed amenities. The City Cler•k stated that he would like to pur•sue the issue with the Archdiocese further. Scalze stated that if the housing is subsidized, she would like to know what r•estr•ictions or• r~egulations would be placed on the housing. Mr•s. Scalze intr•oduced the following r•esolution and moved its adoption: Page -lg-