Agenda - Council - 10/28/1997 - Laserfiche WebLink

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I I I I I I I I I I I I I i I I I I I CASE #: 1~. COUNTY HOUSING AND REDEVELOPMENT AUTHORITY LEVY By: Zoning Administrator Sylvia Frolik Background: In recent months, the Council has expressed some interest in the need for senior housing in Ramsey. To that end, the Council has allocated Community Development Block Grant funds to retain a consultant to do a senior housing needs assessment for the community. We have also received a request from the Anoka County Housing and Redevelopment Authority for Ramsey's inclusion in the 1998 levy for improvements to the housing stock in Anoka County. Observations: The levy is based on population and if we accept the levy, it would be approximately $90,000 in 1998. This levy can be targeted for a project in Ramsey and the funds would be allocated accordingly. If Ramsey decides to do a publicly funded senior housing project in the community, then the levy would be assessed annually until the bonds sold by the HRA for the project are paid off. If we do not do a project in 1998, the funds would be carried over until the project is ordered. If we decide not to do a project, we can opt out of the levy in 1999 and the $90,000 collected would be expended on an alternative HRA project in Ramsey. If we do a senior housing project through the Anoka County HRA, the HRA develops, owns and operates the facility. The project would be subject to the review and approval of the Ramsey City Council. It is anticipated that the rental fees for the units can be $150-$200 less per month with a publicly funded project versus a privately owned facility. Staff will attempt to have some information available at the meeting regarding the impact of a $90,000 levy on an average household and commercial business in the City. The following items are enclosed for your information: a) b) c) HRA Operational Policies and Procedures Letter from HRA Chair Paul McCarron dated September 3, 1997 Proposed resolution for inclusion in the 1998 HR.A levy