09/15/1998 (2)
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',,:'" Neighborhood & Affordable Housing
, Advisory Board
MINUTES
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Present:
Howard Groth
William Turner, Sr.
Rev. William Graham
Milly Joplin
Mayme W. Hodges
Mary Myhill
Warren Hunt
Peggy M. Cutkomp
Chair
Vice-Chair
Board Member
Board Member
Board Member
Board Member
Board Member
Board Member
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NEIG,HBORHOOD & AFFORDABLE HOUSING ADVISORY BOARD MEETING
CITY OF CLEARWATER
September 15, 1998
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Absent:
Joyce L. Smith
Board Member
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Also Present:
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Michael Holmes
Patricia O. Sullivan
Housing & Urban Development Assistant Director
Board Reporter
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The Chair called the meeting to order at 10:05 a.m. at City Hall.
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, To provide continuity for research. items are in agenda order although not necessarily
discussed in that order.
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ITEM #1 - Aooroval of the Minutes
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'--.J Member Joplin moved to approve the minutes of the regular meeting of July 21,
1998, as recorded and submitted in written summation to each board member. The motion
was duly seconded and carried unanimously.
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The minutes of the special meeting of July 14, 1 998, will be considered at the
October 20, 1998, meeting.
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ITEM #2 - Citizens to be Heard ~ None.
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ITEM #3 - Aqencv Presentation
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It was recommended agency presentations begin after January and be limited to 5
minutes each. Assistant Housing & Urban Development Director Michael Holmes said 5
new agencies to be funded in FY (fiscal year) 1 998/99 may need additiOlial time to present
background information related to their funded programs. It was suggested previously
funded agencies be agendaed immediately preceding new agencies to demonstrate the
preferred present,ation method. It was felt agencies with more than one funded program
should be scheduled alone; to present all of their programs.
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ITEM #4 Subarantee Monitorino Assionments
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It was noted all member monitoring visits must be completed by March 1999. Mr.
Holmes will agenda member reports if he is advised before meeting materials are
distributed. He will distribute the list of questions developed for last year's visits.
Member Cutkomp reported on her visit to CDC Homebuyers Club. The agency has
an exposition scheduled to help new home buyers on October 24, 1998.
ITEM #5 Brownfield Economic Development Initiative ProQram
Mr. Holmes distributed a narrative statement regarding the City's Browntields
Redevelopment Area and fund applications for: 1) $1,315,000 in BEDI (Brownfields
Economic Development Initiative) funds and 2) $1,31 5,000 in Section 108 Loan Guarantee
Program funds.
BEDI funds are to be used for Brownfield redevelopmnnt: 1) Loan Guarantee
Program to stimulate local lender loans. Lenders provide capital while City provides
guarantees up to 50% of loans. City proposes to set aside $50,000; 2) Interest Write
Down Program to encourage private sector leveraging. City proposes to set aside
$150,000. Interest rate write down for private sector loans to never exceed 4% below
lenders' interest rate; 3) Facade Improvement Program for existing business in North
Greenwood Commercial Corridor. Grants, up to $5,000, to cover up to 50% of exterior
renovation costs. City may provide financing for business owners unable to finance
remainder of costs. City proposes to set aside $100,000; 4) Infrastructure Improvements
along North Greenwood Commercial Corridor to upgrade infrastructure and/or landscaping.
City proposes to set aside $300,000; 5) Property Acquisition Program to purchase
Brownfield sites; remediate them, and resell them. Other sites also to be purchased for
redevelopment. City proposes to set aside $250,000 of BEDI funds. City not to consider
sites subject to on-going litigation, environment action, nor those with environmental
contamination that is not well qualified. Land banking will not occur as all properties will
be sold within 2 years of acquisition; 6) Loan Loss Reserve Fund to be held in interest
bearing account to cover loan defaults related to proposed Section 108 Revolving Loan
Fund. Interest to be reinvested in program. City proposes to set aside $150,000; and 7)
Non-Profit Child Day Care to match Section 108 Loan request by day care provider,
Community Pride Day Care, for facility construction. BEDI funds to provide $315,000
grant.
The City is requesting $1,315,000 to establish a Section 108 Revolving Loan Fund
through the Section 108 Loan Guarantee Program. The program requires at least 51 % of
the beneficiaries of this small business lending program be lowlmoderate income
individuals. Created and retained jobs resulting from the loan fund are to be made available
to low/moderate income individuals.
Concern was expressed the board could not review the distributed packet before
today;s meeting. Mr. Holmes stated he was introducing these programs to the board and
will schedule discussion in October. In response to a question; he said NAHAS
(Neighborhood & Affordable Housing Advisory Board) members participate in the
distribution and monitoring of CDBG (Community Development Block Grant) funds. As the
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Section 1 08 Loan Guarantee Program may impact future CDBG funds; NAHAS
oversight is essential to make certain CDSG funds are not jeopardized. In response to
a question, Mr. Holmes said grants are to be awarded in October. NAHAB's role also
is to review monthlv statements on outstanding loans related to these programs.
In response to a question, Mr. Holmes hoped loans leverage private sector
money and are not piggybacked. The importance of a partnership with the local
banking community was noted. It was recommended FOOT (Florida Department of
Transportation) partner with the City regarding road improvements. In response to a
question, Mr. Holmes said staff had applied to the State for the Brownfields area to be
recognized as an Enterprise Zone. He said these proposals will provide the City with
additional economic tools to improve the area. In response to a question, he said Head
Start had pulled out of the Section 108 program due to unrelated problems.
Community Pride Day Care has not chosen a site.
ITEM #6 Old Business
'Mr. Holmes reported the developers of the Sunshine Mall site did not qualify for
o State tax credit. The number of apartments for e!derly residents will be reduced
from 400 to 240 units. The City has $50,000 committed to the project. In response
to a concern that traffic from the development will impact South Greenwood Avenue,
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Mr. Holmes said most traffic will be funneled to Missouri Avenue. A copy of the site
plan was requested. Mr. Holmes said the greater number of apartments would have
impacted current elder housing as the development will feature more amenities. He
anticipated the development will attract residents from a wide area.
It was stated the Wilson project on Drew Street has a rental office open. An
update was requested on the project's impact on Clearwater. Mr. Holmes said one
building is completed and available for rental.
ITEM #7 New Business
In response to a question, Mr. Holmes said as of October 1, 1998, his
department will become part of Planning & Development Services Administration. He
will inform the board once information is available regarding the restructuring.
ITEM #8 Announcements
Member Myhill invited people to attend the exposition on October 24, 1998,
where first-time ,home buyers can gather information. Exhibitor room is still available. '
Mr. Holmes had flyers available.
ITEM #9 Next Reaular Meetina
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Tile' next' regular me~~lng is 'schedule for October 20, 1998, at 10:00 a.m.
City Hall Chambers.
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'ITEM' # 10 Adiournment
The meeting adjourned at 10:49 a.m.
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Chair
Neighborhood & Affordable Housing
Advisory Board .
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