HomeMy Public PortalAboutAB 21-161 Local Housing Incentive Program Reimbursement- Thompson -unit 5 and 6
McCALL CITY COUNCIL 216 East Park Street
AGENDA BILL McCall, Idaho 83638
Number AB 21-161
Meeting Date June 10, 2021
AGENDA ITEM INFORMATION
SUBJECT:
Request for Local Housing Incentive Program Reimbursement Request for Thompson Place Condominiums, Units 5 and 6
Department Approvals
Initials
Originator
or
Supporter
Mayor / Council
City Manager
Clerk
Treasurer
Community Development
Originator
Police Department
Public Works
Golf Course
COST IMPACT:
$20,000
Parks and Recreation
FUNDING SOURCE:
LOT funding
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 5 and 6 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 5 and 6 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
May 13
Units 1, 2, 3, 4, 8, 10 and 12 reimbursement requests were approved