HomeMy WebLinkAboutAffordable Housing Board - Minutes - 02/01/20019
CITY OF FORT COLLINS
AFFORDABLE HOUSING BOARD
MEETING MINUTES
February 1, 2001
Bob Browning, chair (970) 225-0137
Kay Rios, Vice -Chair
Ken Waido, Staff Liaison (970) 221-6753
Chuck Wanner, City Council Liaison (970) 484-0810
Members ,present. Bob Browning, Stacy Overton, Isabel Garity, David Danforth, Kay
Rios, Billie Rosen, and Jane Phelan.
Staff Present Ken Waido, Maurice Head, Joe Frank
City Council Present. Chuck Wanner
Bob Browning called the meeting to order with a quorum present.
Lou Stitzel supports the affordable housing board's review of land planning and a revisit
of economic development. She feels it will keep the economy strong by increasing
sales and property tax revenue and that by supporting local developers, monies will
remain in the area.
LAND BANK TELECONFERENCE AND DISCUSSION
Bob Browning presented a brief review of the history of this issue stating that it has not
been supported in the past, offering no explanation of why.
Maurice Head conducted a slide presentation of the land bank research that has been
completed with the consultant, Matt Kowta, on speaker phone. The research has been
detailed in a mailing.
• The purpose of the program is to establish a source of land for affordable housing
to local developers at a reasonable price therefore ensuring land availability in the
long term.
• Fort Collins land banking program would be unique because it would be as self-
supporting as possible as the price of the land when sold, 5 to 10 years from now,
will likely be higher than the purchasing price.
• Land banking would not compete with local non -profits, such as CARE.
Kay Rios questioned the process itself regarding land acquisition, the creation of
infrastructure, and productivity including transit services for residents of the housing
projects. Bob Browning also questioned the availability of land within urban growth
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February 1, 2001 Meeting Minutes
Page 2
boundaries and infrastructure. He suggested that outside companies building
infrastructure will in turn want to use the land.
Bob Browning questioned the process for appraisal of land. According to Maurice
Head, real estate officials would be consulted for their expertise regarding fair market
value. However, because the land would be purchased without infrastructure, it would
be sold at a discounted rate.
Concerns were also raised in regards to the competition for land that would be created
between the land banking system and non-profit programs.
Billie Rosen addressed city council's concerns in regards to staffing costs. Staff present
feel the additional work for this project could be absorbed if approved.
Kay Rios expressed concern about using money for long term that competes with
projects that need money today. David Danforth supported this argument as well. (see
letter he distributed). Billie Rosen questioned this argument stating that the money for
land banking is additional funding and will not be taken from any other project. Kay
Rios feels this additional funding could be allotted to another project that would help
more immediately. David Danforth is in agreement. He addressed the purpose of the
Affordable Housing Board and the need of the board to advocate for those in need of
affordable housing. Bob Browning raised concerns about tax payer monies being
prioritized appropriately as well.
Kay Rios made a motion to amend the proposal of land banking stipulating that this
issue does not return to the Affordable Housing Board or to CDBG for competitive
funding. Billie Rosen seconded this amendment.
The Affordable Housing Board passed a recommendation of land banking with the
amendment to city council with a vote of 6 to 2.
The minutes from December 7th were presented. Isabel Garity recommended change
to "subcommittee reports," the menus have now been updated. Kay Rios moved to
accept with this update, Isabel Garity 2nd, motion carried.
SUBCOMMITTEE REPORTS
Kay Rios suggested she be placed on the agenda for the next meeting.
Bob Browning reminded the board that a new chair and vice -chair will be elected at the
next meeting.
Ken Waido reported that the CBC is putting a committee together a forum on affordable
housing and would like a member from the Affordable Housing Board to sit on the
steering committee. Jane Phelan and Kay Rios volunteered to sit on this committee.
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February 1, 2001 Meeting Minutes
Page 3
Also, city council has scheduled an Affordable Housing Board review in July.
Preparation will be made as it approaches.
The meeting adjourned at 6:00 p.m.
Respectfully submitted,
Jodi M. Goldman