CC MEETING: September 20, 2016
DATE: September 15, 2016
TO: Leonard Martin, City Manager
FROM: Krystle Nelinson, Development Program Manager
Title
Consider A Resolution Approving The Terms And Conditions Of A Rehabilitation Grant For 1402 Fannidella Drive In An Amount Not To Exceed $200,000.00.
Body
BACKGROUND:
On the September 20, 2016 agenda, the City Council will have the opportunity to purchase a portion of the Meadows Apartments located at 1404 Fannidella Drive. There are 26 units located at this address. Fairway 427, LP - the current owners - will retain the remaining 50 units located at 1402 Fannidella Drive.
In order to elevate the aesthetics of the remaining Meadows Apartments to a quality consistent with the Crosby Road Redevelopment area and the newly-renovated Crosby Recreation Center, the attached resolution will provide a $200,000 grant for the rehabilitation of the remaining 50 units along Crosby Road.
The grant will be used for the following site and building improvements:
1. Fencing - A wrought iron fence and landscaping to be installed along the length of Crosby Road to match the existing fence around the pool amenity.
2. Boiler House - The existing boiler house will be rebuilt with sustainable material to compliment the remaining Meadows Apartments.
3. Landscape/Hardscape - Landscaping will be provided along the entire perimeter of Crosby Road.
4. Signage - The current monument sign will be replaced with a new monument sign.
5. Main Building - The handrails, guardrails, rain gutters and drains that are in disrepair on the remaining buildings' structure will be repaired and/or replaced as necessary. The existing buildings will be repainted including trim, miscellaneous sanding, caulking and exterior repairs prior to painting.
6. Roofing - The new roof will be high impact asphalt shingle (hail proof) and will be 40+ year rated.
7. Parking Lot - The parking lot will be repaired, resealed, and restriped.
It is important to note that th...
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