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08-18-88 Development Comm MinutesCOMMUNITY DEVELOPMENT/BUILDING REGULATIONS/PARKING/PUBLIC BUILDINGS August 18, 1988 City Hall 4:00 PM Conference Room ATTENDING: Chairman Wayne Saverud, Jim Atkinson, Noel Furlong, Ed Gallagher and Susan Moyer of Community Development. Housing Policy: Susan briefly reviewed previous housing rehabilitation practices and policy for the new committee members. It was explained that approximately $200,000 per year had been available for housing rehabilitation when this act- ivity was funded through Block Grant monies. Now that the housing is being funded through UDAG loan repayment monies, a new leveraging agreement and a Certificate of Deposit for the loan guarantees must be worked out with First Federal. The new agreement will be set up as follows: 1. $50,000 - 3% loan account 2. $40,000 - Grant account 3. $10,000 - Emergency funds * A policy will be written and presented at the next meeting which will specifically address "emergency" definitions. Upon adoption of this policy, a new Rehab brochure will be prepared. Acquisition: Ed was asked at previous meetings to negotiate with Don Alley owner of the Big Sky Fly & Tackle Shop for purchase of that property. He had offered it • for sale to the Parking Commission at $34,000, in a letter received from his representative, Bob Bordon of Kalispell Realty, he states he will still honor that offer. Ed then spoke to Bruce Patterson of KOFI radio about their interest in purchasing the lot for parking for their business. There was discussion of the property being blighted conditions and a fire hazard. Also discussed was the property being put on the tax base if it were a privately owned parking lot. The committee authorized Ed to check with the City Attorney on the need for a reuse appraisal on the property. The committee unanimously agreed there needs to be an appraisal of the property at the corner of Third and Main before it is sold, and asked Ed to contact Roger Jacobson to do one. Traffic Study: Ed reported that the traffic study has received alot of in -put. Clete Daily gave his report to the KDC members at their luncheon Aug. 16, and to the Chamber at a meeting later that day. Nick Haren sent a letter to the City on behalf of the Board of Directors in support of the traffic study. Trade Center: Ed reported that a Trade Center marketing study that is being financed privately was sent to the printer Aug 15. The Community Development Department has submitted a pre -application for a grant to the Economic Development Authority in Denver, who are looking at it very favorably. The EDA wanted more information so Ed obtained letter from the bank stating they are willing to sell the property at the proposed site at less then the appraised value. Also Public Works gave some costs for street repair on Third Ave. E. There being no other business the meeting adjourned at approximately 5:15 PM.