HomeMy Public PortalAboutAB 21-135 Local Housing Incentive Program Reimbursement- Thompson
McCALL CITY COUNCIL 216 East Park Street
AGENDA BILL McCall, Idaho 83638
Number AB 21-135
Meeting Date May 13, 2021
AGENDA ITEM INFORMATION
SUBJECT:
Request for Local Housing Incentive Program: Reimbursement Request for Thompson Place Condominiums, Units 1, 2, 3, 4, 8, 10 and 12
Department Approvals
Initials
Originator
or
Supporter
Mayor / Council
City Manager
Clerk
Treasurer
Community Development
Originator
Police Department
Public Works
Golf Course
COST IMPACT:
$70,000
Parks and Recreation
FUNDING SOURCE:
Airport
Library
TIMELINE:
ASAP
Information Systems
Grant Coordinator
SUMMARY STATEMENT:
The Thompson Place Condominiums located on Thompson Street were platted with 12 of the 16 units as deed restricted local housing. The McCall City Council adopted Resolution 19-02, Local
Housing Incentive Program, that created a reimbursement incentive program for projects that meet the criteria of a deed restriction. Attached are units 1, 2, 3, 4, 8, 10 and 12 that
have executed the Deed Restriction for the Units with the new owners. Units 9 and 11 of the Thompson Place Condominiums with deed restrictions were previously approved by City Council.
The deed restrictions have been reviewed by the City Attorney.
RECOMMENDED ACTION:
Approve the request for reimbursement of the amount of $10,000 each through the Local Housing Incentive Program for Units 1, 2, 3, 4, 8, 10 and 12 of the Thompson Place Condominiums
and authorize the Mayor to sign all necessary documents.
RECORD OF COUNCIL ACTION
MEETING DATE
ACTION
March 10, 2021
Units 9 and 11 Reimbursement requests were approved