CC MEETING: October 18, 2016
DATE: October 11, 2016
TO: Leonard Martin, City Manager
FROM: Scott Hudson, Environmental Services Director
Title
Consider A Resolution Authorizing The City Manager To Enter Into A Single-Family Rehabilitation Incentive Agreement With Steven Taylor At 2315 Ridgedale Drive In An Amount Not To Exceed $596.26.
Body
BACKGROUND:
In November of 2014, the City Council adopted the Single-Family Rehabilitation Grant Incentive Program (“Incentive Program”) to provide financial incentives to homeowners in Neighborhood Empowerment Zones. This program provides payment equivalent to abating a portion of an owner’s property tax, depending on the property value and rehabilitation project expense.
A property owner has applied for this rehabilitation incentive to replace his fence. The homeowner’s property is located within a Neighborhood Empowerment Zone and meets the eligibility requirements of the Incentive Program. The property is located in Carrollton Downs, which is a NOTICE neighborhood. This project represents an estimated investment of $7,255 by the homeowner.
The program’s policy requires review by the Re-Development Sub-Committee prior to City Council action. However, due to time constraints and the need to coordinate with the contractor in a timely manner, the Sub-Committee has not reviewed this project prior to submittal of this agenda item.
IMPACT ON COMMUNITY SUSTAINABILITY:
Rehabilitation projects such as this fence replacement improve property values and the appearance of the neighborhood. Such expenditures encourage further investment in the community.
STAFF RECOMMENDATION/ACTION DESIRED:
Staff recommends City Council approval of a resolution authorizing the City Manager to enter
into Single-Family Rehabilitation Grant Incentive Agreement with Steven Taylor at 2315 Ridgedale Drive for a grant not to exceed $596.26.