HomeMy Public PortalAboutAB 21-263 Local Housing Incentive Program Reimbursement -Thompson Place Unit 7
McCALL CITY COUNCIL 216 East Park Street
AGENDA BILL McCall, Idaho 83638
Number AB 21-263
Meeting Date November 4, 2021
AGENDA ITEM INFORMATION
SUBJECT:
Request for Approval of Local Housing Incentive Program: Reimbursement Request for Thompson Place Condominiums, Unit 7
Department Approvals
Initials
Originator
or
Supporter
Mayor / Council
City Manager
Clerk
Treasurer
Community Development
Originator
Police Department
Public Works
Golf Course
COST IMPACT:
$10,000
Parks and Recreation
FUNDING SOURCE:
LOT
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 is the last unit that has executed the
Deed Restriction for Unit 7 with the new owners. The deed restrictions have been reviewed by the City Attorney.
RECOMMENDED ACTION:
Approve the request for reimbursement of the amount of $10,000 through the Local Housing Incentive Program for Unit 7 of the Thompson Place Condominiums and authorize the Mayor to sign
all necessary documents.
RECORD OF COUNCIL ACTION
MEETING DATE
ACTION