09/14/1992 Meeting - Laserfiche WebLink

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- ~ e divorced from the land acquisition due to some legal ramifications regarding the sale of the property. There being no other requests to speak, the public hearing closed. Mr. Weinman reiterated that the France property was no longer being considered for ARC's project. He said the consultant who was taking photographs of the property has been informed of this change in decision and added that the City will not be charged for the consultant's work related to the France property. Responding to a question from Mr. Boles, Mr. Weinman said that if the France property was still being considered, there would be no land use restrictions that would prohibit ARC's housing project from being developed on it. Ms. Ehrman thanked staff for including in the council packets the list of all of the funding requests which were received in the RFP process. Mr. MacDonald echoed this appreciation. Responding to a question from Mr. Nicholson, Mr. Wagner clarified that a sale of the France property was currently pending. Ms. Bascom pointed out that the proposed project to be developed in south Eugene would provide housing for minimum wage earners. She said the project represents the City's first cooperative effort with the private developers to provide such housing. e Responding to a question from Mr. MacDonald, Mr. Weinman explained that "landbanking" involves first the acquisition of land and then trying to develop an affordable housing project on the land. He said that different alternatives for developing affordable housing are being explored and ex- plained that the process for the four projects under consideration was an alternative method to landbanking. Mr. Green moved, seconded by Ms. Ehrman, to approve funding for low-income housing projects: St. Vincent de Paul, $28,000 from General Funds; ARC, $55,000 from CDBG Fund; NEDCO, $40,000 from HOME funds, and Metropolitan Affordable Housing Corporation, $100,000 from CDBG and $300,000 from HOME funds. Mr. Green commented that the motion represented the approval of over a half of a million dollars for the development of affordable housing. Mr. Boles commented that it is not a crime to be a low-income person and that the council was trying to provide affordable housing throughout the community. Roll call vote; the motion passed unanimously, 7:0. VI. ORDINANCE CONCERNING NATURAL RESOURCES FUNCTIONAL PLAN Acting Assistant City Manager Linda Norris introduced the item. Neil e MINUTES--Eugene City Council September 14, 1992 Page 10 7:30 p.m.