03-28-90 Council Minutes - Laserfiche WebLink

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MINUTES CITY COUNCIL March 28, 1990 Mrs. Scalze introduced the following resolution and moved its adoption: RESOLUTION NO. 90-3-149 - AUTHORIZING THE CITY ADMINISTRATOR TO OFFER THE HOUSE LOCATED AT 2714 CENTERVILLE ROAD TO THE VARIOUS HOUSEMOVING FIRMS AT A COST OF $1.00 The foregoinq resolution was duly seconded by Blesener. Ayes (4) Scalze, Blesener, Collova, Fahey. Nays (0). Resolution declared adopted. SENIOR Fahey reviewed the letter submitted by John Arkell, CITIZEN The Cottages, dated March 28, 1990 regarding their HOUSING - interest in developing senior citizen housing on the STATEMENT OF property located at Jackson Street and Little Canada INTEREST Road. John Arkell appeared before the Council and reported that his firm has developed 600 to 700 retirement units since 1983. These units are occupied by 100% seniors and rents are $385 for one-bedroom units and $460 for two-bedroom units. Arkell reported that his proposal includes a request for Tax Increment Financing assistance on the part of the City under the "Pay As You Go" method which would result in no obligation or risk on the part of the City. Arkell reported that he is asking for 90% of the taxes to be returned to the project in order to reduce rents to the levels quoted. Arkell proposed approximately 90 units at the Jackson and Little Canada Road site, which is about 12 units per acre. Arkell explained the history of his firm as well as the existing market which would support his proposal. Fahey stated that he likes the concept proposed, however, does not like the site selected. Fahey reported that there have been other proposals for senior housing on this same site, however, the adjacent property owners were opposed. These neighbors want the property to develop as residential. Fahey stated that he would not support a rezoning of this site so that senior housing could be developed on it. Fahey stated that he knows the neighborhood would oppose such a rezoning. Page 17