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From YouTube: Finance and Human Resources
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A
B
B
We
appreciate
your
patience
as
we
continue
to
work
through
holding
these
committee
meetings
a
bit
differently
to
help
our
audience
follow
along.
Excuse
me
I'll
state.
Each
section
of
the
agenda
aloud.
We
are
streaming
live
on
our
virtual
engagement
hub,
which
is
accessible
through
the
virtual
engagement
hub
link
on
the
front
page
of
the
city's
website.
B
B
Meeting
code
5257,
your
phone
will
be
muted
and
you
will
hear
the
meeting
live
at
this
point.
Speakers
will
need
to
push
star
3
to
enter
the
speaker
queue.
So
I'm
going
to
do
a
roll
call
of
the
committee
members
and
staff
and
just
ask
you
to
say
a
quick
hello
and
remind
you
that
if
you're,
not
speaking
to
mute
your
microphone
so
we'll
start
out
councilwoman
sandra
kilgore
good
afternoon,
sander
councilwoman
sage
turner,
good
afternoon,
city
manager,
deborah
campbell.
B
Okay,
do
I
have
peggy,
oh
yeah,
sorry
interim
assistant,
city
manager,
peggy
rowe,
hello,
everyone,
a
finance
director,
tony
mcdowell,.
B
Be
on
tonight
and
irving
planning
planner
two
sasha
vertonsky
good
afternoon
great,
so
I'm
gonna
go
ahead
and
start
the
agenda
and
you
know
just
so.
People
can
follow
along
I'll
say
what
what's
next
on
the
agenda.
So
the
first.
The
first
item
on
the
agenda
is
the
approval
of
minutes.
Do
I
have
any
questions
or
changes
to
the
minutes.
B
Thank
you,
okay,
thanks
and
so
I'll
do
a
roll
call,
councilwoman,
kilgore,
aye,
councilwoman
turner,
hi,
and
I'm
and
I
okay.
So
the
next
item
is
the
cfo
update.
So
I'm
going
to
turn
that
over
to
tony
mcdowell,
our
finance
director
tony
take
it
away.
D
Thank
you
and
good
afternoon,
everyone
only
one
item
on
today's
cfo
update
and
that's
introduction
of
new
staff.
A
couple
of
meetings
again.
I
think
it
was
two
meetings
ago.
We
did
an
introduction
of
finance
department
staff
and
we've
had
some
turnovers
since
then,
like
a
lot
of
departments
here
at
the
city
and
a
lot
of
organizations
across
the
country,
we've
lost
some
some
folks,
but
we're
in
the
process
of
replacing
folks,
and
we
have
one
key
new
hire
to
introduce.
Today.
It's
our
new
accounting
manager
and
her
name
is
susan.
D
Darnell
susan
is
going
to
be
supervising
the
staff
that
works
closely
with
becky
king
on
our
year-end
audit.
They
also
handle
our
grants
and
our
fixed
assets
and
our
general
ledger
maintenance
as
well.
So
I'll.
Let
susan
do
a
quick
introduction
of
herself.
E
Thanks
tony
hi
everyone,
it's
good
to
see
you
all
on
this
side
of
things,
it's
good
to
be
with
the
city.
I
have
a
background
in
public
accounting,
so
I've
worked
for
the
past
10
years,
with
a
local
accounting,
firm,
doing,
audits
of
non-profits
and
governments
and
benefit
plans
and
some
for-profits
so
yeah,
it's
good
to
be
on
this
side
of
things,
I'm
originally
from
greensboro
north.
E
I
went
to
school
at
appalachian
state
where
I
got
my
bachelor's
and
my
master's
degree.
So
I've
been
in
nashville
for
about
10
years
now,
yeah
and
I'm
just
really
excited
to
work
with
becky
and
tony
and
the
rest
of
the
team.
B
Welcome
susan
and
the
one
thing
you
did
forget
to
mention
in
your
background
is
you
were
a
member
of
our
audit
committee.
So
we'll
be
so
you
you
saw
a
little
bit
of
the
inside
of
the
city
working
there
so,
but
again
welcome
really
appreciate
you
joining
the
team.
Thank
you.
B
Okay,
looking
forward
to
the
intro
of
the
budget
tonight
and
then
the
next
item
is
an
update
on
the
audit
from
becky
king.
F
Good
afternoon,
everyone
yeah,
so
first
of
all,
I
am
super
excited
to
have
susan
as
well.
She
is,
I
guess
this
is
week
two
for
her
and
she
has
jumped
right
in
taking
a
lot
of
just
the
day-to-day
tasks
off
my
plate,
which
have
been
super
helpful,
so
very
excited
to
have
her
as
part
of
the
team
and
here
for
year
end,
so
we
had
an
initial
meeting
with
our
auditors.
F
Back
in
march,
we
went
through
kind
of
some
of
the
findings
from
last
year,
just
to
make
sure
that
we
were
prepared
to
not
have
those
again.
This
year
we
talked
about
any
changes,
new
gatsby
standards
for
this
coming
year
and
then
kind
of
went
through
a
timeline
of
everything.
F
Excuse
me,
we
will
be
doing
preliminary
field
work,
the
middle
of
june.
They
will
be
on
site
for
that,
assuming
nothing
changes,
but
and
then
we
will
do
final
field
work
the
middle
of
september,
and
it
is
our
goal.
We
have
already
made
this
very
clear
to
them
that
we
would
like
to
issue
october
31st.
So
that
is
our
goal
right
now
we
did
a
communication
all
out
to
all
staff
members.
F
We
close
our
books
in
the
middle
of
august,
so
we've
already
done
a
communication
out
to
staff
members
about
deadlines
as
to
when
things
are
due.
Those
deadlines-
some
of
those
have
come
and
gone
already,
but
people
are
doing
a
good
job
of
staying
on
task.
So
I
think
we
will
have
a
good
close,
so
the
new
things
for
next
year,
gas
v87,
is
the
big
thing.
It's
a
new
leasing
standard
that
we
have
to
implement.
F
It's
been
in
the
works
for
a
number
of
years
been
pushed
off
for
a
number
of
years,
but
this
is
our
year
to
get
it
on
the
books.
We
actually
decided
to
go
with
an
outside
organization
debt
book.
They
are
helping
us
implement
this.
They
have
all
of
our
lease
agreements.
They
are
currently
reviewing
them
and
we
should
have
in
the
next
couple
of
weeks
all
of
that
back
from
them,
so
that
we
can
start
doing
journal
entries
getting
everything
entered
for
year
end.
F
I
do
not
think
we
should
have
an
issue
getting
that
implemented
before
we
have
to
have
a
trial
balance
to
the
auditors
in
september.
So
I
think
we
are
good
on
that
so
last
year,
of
course,
we
had
a
couple
of
findings
or
actually
one
finding.
It
was
all
about
year-end
processes.
F
So
the
big
things
that
I
guess
I
just
wanted
to
go
through
are
loan
receivables,
cdbg,
section,
108,
housing,
trust
fund.
We
had
some
issues
with
those
last
year.
I
have
actually
worked
with
community
and
economic
development
throughout
the
year
to
make
sure
that
we
had
good
balances
on
that.
So
I
think
we
should
be
good
on
that
aspect,
compensated
absences
and
elders,
I'm
already
working
with
our
actuarial
to
get
algeria's
information
to
them.
So
hopefully
we
will
have
that
early.
F
F
I
know
we
had
some
revenue
for
grants
that
was
reported
incorrectly
and,
as
tony
said,
with
the
being
understaffed
for
a
while,
honestly,
I
think
I'll
be
taking
on
grants
for
your
end,
because
that's
just
where
we
are
right
now
so
I'll,
I'm
just
going
to
make
sure
we
do
a
quick,
a
good
dive
into
everything
before
we're
posting
it.
So
I
am,
I
think,
we'll
have
a
good
year
end.
F
I
never
know
what
small
little
things
will
pop
up,
but
I
think
especially
with
the
addition
of
susan,
we
will
be
well
prepared.
I
think
we
will
have
a
full
stack
except
one
accountant,
but
it's
the
same
people
we've
had
for
the
last
couple
of
years,
so
we
definitely
are
moving
in
the
right
direction.
So
I
think
we
should
be
good
any
questions
or
comments
about
anything.
B
Yeah,
just
a
quick
question:
becky
is
there
anything
weird
from
an
accounting
perspective
with
arpa?
You
know
I
mean
like
receiving
the
funds
or
I
don't
know
dispersing
the
funds
things
like
that
that
that
you're,
aware
of
it's
just
I
mean
when
I
was
thinking
about
like
what's
unusual
this
year.
You
know
that
would
be
the
one
that
I
don't
know
just
wondering
about
that.
So.
F
So
since
we
just
approved
everything
to
go
to
the
outside
organizations,
I
actually
do
not
think
we
will
be
dispersing
any
money
in
fiscal
year
22.
I
actually
think
that
will
be
a
23
a
fiscal
year,
23
something
we
did
have
a
couple
of
expenditures
for
arpa
last
year
and
again
this
year.
So
I
think
this
year
we're
gonna,
be
okay,
I
don't
think
there's
anything
really
new.
I
talked
with
our
auditors
a
long
time
last
year
about
how
to
report
those
funds
and
we're
good
for
now.
F
I
definitely
think
the
pass-through
our
sub-recipient
reporting
will
be
a
little
different
and
that
will
start
next
year.
Honestly,
I
don't
think
our
reporting
will
be
much
different,
but
I
definitely
know
there's
a
lot
of
monitoring
extra
testing
that
they
will
have
to
do
next
year,
so
I
don't
expect
anything
to
come
of
it
this
year.
I
think
it's
when
we
start
actually
sending
out
some
of
those
payments,
and
I
don't
think
that
will
happen
until
fiscal
year.
23.
B
F
I
do
want
to
give
that
to
you
too
no,
and
I
do
my
plan
since
susan
is
so
new,
is.
I
am
definitely
going
to
take
the
lead
on
the
audit
this
year.
I
think
what
I'll
do
is
have
her
do
a
lot
of
the
work
papers
and
then
that
will
give
me
a
chance
to
do
a
more
high
level
review
of
them
before
we
are
sending
them
to
the
auditors.
We
did
not
have
that.
F
Last
year
I
mean
I'm
hoping
that
that
will
enable
us
or
enable
me
to
find
any
of
our
discrepancies
on
my
own
before
we
pass
it
off
to
them,
and
that
was
really
what
the
finding
from
the
last
two
years
were,
is
that
we
just
did
not
have
enough
set
of
eyes
enough
review
internally
before
we
sent
it
to
them.
So
it
is
my
hope,
too,
that
we
will
have
a
clean
opinion
and
that
we
will
be
done
by
october
31st.
F
So
I
am
going
to
try
and
stick
to
that
as
to
the
best
of
my
ability,
I
never
know
what's
going
to
come
up
throughout
the
year,
but
yes,
I
am
prepared
to
do
my
best.
D
I
was
just
going
to
add
one
quick
thing:
this
is
the
last
year
of
their
current
auditors.
As
you
all
know,
we
have
a
policy
that
we
rotate
audit
firms,
and
so
this
will
be
the
last
year
with
pb
mayors
and
I
can't
remember
what
they
were
called
before.
They
became
pv
mayors,
but
we
will,
after
they
finish
this
audit
being
be
doing
an
rfp
and
looking.
C
D
B
D
I
believe
becky,
if
you
know
this
better
than
me,
is
it
is
it
to
actually
change
or
is
it
to
do
the
rfp.
F
F
Rfps
and
just
getting
one
response
back,
and
it's
normally
the
auditors
who
have
been
doing
them
for
a
while
and
the
lgc
has
said
that
that
you
can
continue
as
long
as
you
have
at
least
done
the
rfp
and
gone
out
and
tried
to
get
additional
bids.
So
I
think
it'll
be
interesting
to
see
what
we
get
next
year.
B
Right
exactly
yeah,
I
mean
like
msd.
I
know
you
know
they
haven't
changed
a
lot
of
firms
in
forever,
but
you
know
part
of
that
is
because
it's
such
a
unique.
You
know
it's
not
only
government,
but
it's
a
utility,
a
unique
utility,
so
yeah
it
may
be
hard
but
okay,
great.
So
the
next
item
on
the
agenda
is
land
use,
incentive
grants
and
I'm
gonna
turn
it
over
to
sasha
bertinski.
G
G
G
And
this
is
a
micro
housing
project,
so
this
project
was
a
level
two
project
that
went
through
the
planning
process.
It's
for
80
units
total
and
the
proposal
is
for
16
units
20
to
be
affordable
for
20
years
at
80
or
below
of
ami
area
median
income,
and
so
the
points
that
they've
applied
to-
or
you
know
their
application-
has
this
project
qualifying
for
21
years
and
those
are
taxes
above
and
beyond
the
current
value
of
the
land.
G
So
I
think
staff
feels
comfortable
that
it
is.
You
know
it's
well
before
things
have
started
and
it's
under
it's
not
under
construction
or
anything
like
that,
and
so
they
haven't
received
a
zoning
permit.
Yet,
as
I
said,
this
is
80
units
of
micro,
housing
on
a
very
small
part
of
land
and
housing.
Rep
really
represents
100
of
the
rentable
square.
Footage
of
this
building.
G
And
it's
0.187
acres
on
hilliard
avenue
and
right
now
the
developer
is
estimating
the
cost
around
7.2
million
dollars
so
right
now
what
will
happen
is
that
when
they
actually
get
to
co
and
the
county
values
the
project
for
the
tax
value,
we
will
take
that
value
as
the
basis
for
the
grant.
So
it
will
likely
be
much
lower
than
7.2
million,
but
that's
the
best
number
we
have
at
the
moment.
G
So
this
is
just
a
quick
summary
of
the
points
that
they
have
applied
for
20
affordable
at
80.
Ami
10
of
the
total
units,
which
really
is
half
of
your
affordable
units,
will
accept
vouchers
for
those
units.
They
get
a
lot
of
points
just
for
their
location,
because
they're
so
well
located
and
they're
very
close
to
our
transit
center
energy
efficiency
and
using
the
green
built
home
standard
certification
and
universal
design,
gets
them
to
105
points
or
21
years.
G
So
I
apologize
for
all
the
words
on
the
on
the
slide:
that's
a
lot,
but
basically
currently
for
this
portion
of
the
land
of
the
site.
They
are
paying
around
787
dollars
in
taxes
a
year,
so
that
will
remain
constant
throughout
the
luige
grant
period.
G
G
G
So
here's
just
a
really
quick
review
if
you're
not
familiar
with
this
project.
This
is
a
infill
lot
on
the
back
of
a
house
which
is
used
as
an
office
building
when
you
drive
by
there.
When
you
look
at
the
elevations,
it
looks
like
a
big
project
and
at
the
same
time,
when
you
drive
by
you,
realize
how
small
a
site
this
really
is,
so
the
historic
home
here
on
the
site
will
remain.
G
G
G
G
It's
got
a
pretty
good,
walk
score
and
a
decent
bikeable
score.
Hcd
did
review
this
at
april
27th
and
voted
two
and
two
to
one
in
favor
of
you
know,
approving
the
project.
G
B
In
a
case
like
this,
with
the
with
the
shared
kitchen,
the
larger
shared
kitchen,
that
kind
of
thing
is
there.
This
is
just
more
curiosity
than
anything
not
about
this,
I'm
not
about
the
grant,
but
is
there
a
like
a
manager
on
site
or
anything
like
that
in
this
case,
or
is
it
just.
A
Hi
glenn,
thanks
for
your
question,
my
name
is
david
moritz,
I'm
one
of
the
developers,
I'm
local
here
to
asheville,
and
this
is
our
attempt
to
try
to
address
the
need
for
workforce
housing
in
asheville
downtown
and
my
business
partner.
Scott
shapiro
has
done
these
types
of
projects
before
and
I
think
it
depends
on
the
size.
Some
of
the
projects
will
have
on-site
property
managers.
We
haven't
determined.
Yet
if
we
would
have
an
on-site
manager.
A
In
the
location,
but
there
will
be
common
area
maintenance,
so
the
kitchens
common
areas
will
be
cleaned
by
a
janitorial
service.
Okay
and
then
each
each
micro
unit
will
have
a
microwave,
a
kitchen
sink
and
a
mini
fridge.
So
residents
can
do
some
preparation,
food
preparation
in
their
own
units
as
well.
B
Right
right:
okay,
interesting,
okay!
Well
I
I
mean
I'm
excited
to
see
this
project.
It's
like.
I
don't
know
that
we
have
anything
like
this
in
nashville,
but
so
yeah,
I'm
I'm
pumped
up
about
it.
I
think
this
is
definitely
something
that
young
people
either
really
young
people
are
or
old
people
older
than
me,
which
makes
them
really
old,
would
would
really
like
and
be
attracted
to
and
the
location
is
fabulous.
B
So
I
do
have
a
one
question.
It's
it's
interesting
to
me
that
our
luige
says
that
they
need
to
get
planning
approval
before
getting
you
know
getting
kind
of
a
go-ahead
for
luige.
It
seems,
and-
and
actually
I
I
think
this
way
makes
more
sense
to
actually
you
know
to
kind
of
bounce
a
project
up
against.
B
Does
this
make
sense
so
that
the
developer
can
kind
of
think
about
how
to
pencil
out
the
numbers
rather
than
going
through
the
whole
phase
of
you
know,
planning
and
spending
all
that
money
and
and
counting
on
luige,
without
getting
some
sort
of
nod
or
approval
ahead
of
time?
So
it
may
be
something
that
we
as
a
sport,
as
staff,
might
want
to
look
at,
because
I
just
kind
of
think
this
more
makes
more
sense.
But
that's
just
my
two
sides:
yeah.
G
I
was
sorry
I
was
going
to
say
I
agree,
and
I
think
that
it
may
be
that
for
czs
it
makes
sense
being
a
council
at
the
same
time,
but
for
other
projects
that
aren't
czs
that
building
permit,
maybe
is
the
trigger.
B
H
H
So-
and
this
is
interesting
because
I
heard
from
our
former
housing
community
development
manager
that
there
had
been
an
amended
amendment
regarding
micro
units-
I
have
not
been
able
to
find
it.
So
if
anyone
on
staff
is
able
to
find
that,
let
me
know
I
mean
my
other
question
is
more
for
staff
and
perhaps
deborah
I'm
wondering
when
projects
are
able
to
adhere
to
the
policy
as
written.
Could
we
move
this
to
a
staff
administrative
program,
and
maybe
they
only
come
to
council
if
they
can't
adhere
to
the
policy?
H
G
C
Now,
such
as
I
think
you
have
a
very
good
insight
in
terms
of
whether
this
could
be
an
administrative
process,
we
obviously
could-
and
we
do.
We
already
do
this
in
terms
of
reviewing
and
making
a
recommendation,
but
I
don't
know
that
we
could
we
could
approve,
but
we'll
certainly
look
into
it.
C
I
mean
anything
to
make
the
process
more
efficient.
We
should
be
doing,
and
we
think
that
we
need
to
look
at
a
number
of
our
policies
around
affordable
housing
and
our
incentives.
It's
just
time.
B
Well
and
sage-
and
I
were
having
a
conversation
earlier
today
and
I
think
looking
at
that-
and
you
know
maybe
looking
at
this
idea
of
land
use
incentives
becoming
you
know,
an
administrative
function.
I
think
it
might
also
help
developers
with
you
know,
predictability
and
it
we
may
have
to
you
know
if
we
do
come
up
with
that,
ultimately,
like
that
matrix
of
public
benefits
and
that
kind
of
thing,
maybe
that
all
gets
wrapped
up
and
you
know
kind
of
the
same
idea.
B
C
Absolutely
gwen,
if
I
could
just
ask
sasha
about
this
particular
project
the
this
is
what
we
would
call
kind
of
buy
right.
They
didn't
need
any
type
of
zoning
approval,
and
so
that
part
would
not
go
to
council
only
the
financial
part,
and
I'm
asking
it
because
that
relates
to
the
first
question
about
an
administrative
process
and
it
you
know,
I
mean
I
I
don't
know
in
terms
of.
C
C
A
H
D
H
And
sorry
to
derail
us
on
that,
maybe
we
can
just
put
it
in
the
list
of
things
to
process
and
last
comment
will
be
that
I'm
I
agree
with
gwen.
I'm
I'm
excited
to
see
a
different
model
show
up
in
downtown,
and
you
know
I
feel,
like
I'm
constantly
working
on
affordable
housing
and
there's
this
new
sentiment
in
the
community
that,
as
we
work
to
hit
the
deepest
low
and
friends
we
can.
H
There
is
this
section
of
workforce
that
is
being,
that
is
not
being
served
that
out
qualifies
for
the
lower
incomes
and
can't
quite
afford
the
next
year.
So
this
workforce
housing
issue
is
going
to
come
to
the
surface
a
lot
soon
and
I'm
just
glad
to
see
this
potential
model
and
I'll
be
excited
to
kind
of
follow
along,
and
I
hope
the
developer
will
share
some
of
their
success
or
failure
stories
with
us.
Thanks.
B
Yeah,
it
would
be
really
great
to
hear
back
from
you
kind
of
you
know
down
the
road
and
informally
or
whatever,
but
you
know
how's
it
work
and
you
know
to
kind
of
give
feedback
to
staff
so
that
you
know
if
other
developments
like
this
come
to
staff,
they
can
maybe
share
some
of
your
wisdom
in
in
how
this
works.
A
Yeah,
we
can
definitely
do
that.
We're
very
excited
about
the
project
and
breaking
ground
relatively
soon,
and
so
far
the
process
with
the
city
has
been
very
smooth
and
staff
has
been
great.
So
I
think
yeah
when
we're
ready
to
break
ground,
we'd
love
to
invite
staff
and
our
city
council
to
come,
join
and
and
then
we
can
also
provide
feedback
along
the
way,
more
feedback.
B
C
B
That
is
okay,
my
I
it's
really
really
small
on
my
screen,
so
I
can't.
G
H
B
Right
so
with
that
I'll
do
a
roll
call
vote,
councilwoman,
kilgore,
aye,
councilwoman,
turner,
hi,
and
I'm
and
I
so
thank
you
and
good
luck,
guys.
B
E
G
Similar
to
the
last
item-
and
this
project
is
on
your
council
agenda
tonight,
it
is
a
cz
and
partly
because
of
that
policy
thing
we
we
take
luige
requests
the
same,
usually
the
same
night
as
a
cz
and
usually
before.
So
we
wanted
to
make
sure
we
got
to
finance
today.
We
don't
usually
try
to
do
two
of
these
things
in
a
day,
but
we
are
for
this
project.
G
G
Additionally,
2
units
or
5
will
be
affordable
for
30
years
at
80
percent.
Ami
below
this
site
is
somewhat
difficult
to
develop.
The
city
has
we
have
participated
in
this
product
in
that
we
sold
them
the
corner
lot
at
cobble
street
and
broadway
at
market
value,
so
we
didn't
give
them
a
special
break
on
the
price
or
anything,
but
we
were
able
to
sell
the
property
directly
to
them
in
a
negotiated
sale,
and
we
did
that
in
exchange
for
a
deed
restriction,
and
I
have
them
here
in
case.
G
G
Believe
it
was
80.
We
were
just
talking
to
janice
about
this
earlier
today.
J
And
hi
this
is
nikki
reed.
It
was
60,
it.
G
J
H
And
I'm
sasha
just
for
clarity
for
those
listening
like
normally,
we
wouldn't
just
go
and
you
know,
sell
a
piece
of
land.
It
would
be
a
public
process
and
part
of
what
allowed
us
to
do.
That
is
the
20
affordable
that
allows
the
city
to
do
a
direct
sale
right
and
so
that's
itself
an
advantage
to
the
development
right.
G
Right,
it
is
and-
and
I
just
wanna
be
clear
that
they
did
because
in
some
cases
we
sell
property
for
less
than
market
value,
so
this
was
market
value
price
for
these
properties.
G
So
it's
about
1.53
acres
for
the
entire
site
that
building
we're
not
really
looking
at
the
tax
value
of
the
entire
site,
we're
just
looking
at
the
portion
of
the
site
where
the
apartment
building
is
and
for
that
building
housing
is
about
100
of
that
rentable
square
footage.
So
here's
the
site
it's
located
at
the
edge
of
montford
just
you'll,
see
it
looks
really
to
the
south,
just
east
of
the
reed
creek
greenway.
G
G
There
are
ten
studios
which
would
all
be
the
affordable
units,
35
one-bedroom
units
and
four
two-bedroom
units
and
here's
some
exterior
elevations.
G
This
is
just
summarizing.
Actually
what
I've
mostly
said
right
now,
the
developers
we
have
a
development
cost
of
9
million.
I
think
that
cost
is
a
year
old.
You
know
we
know.
Construction
costs
have
gone
up
40,
but
at
the
same
time,
what
we're
really
looking
for
is
a
tax
value.
So
I
still
think
this
is
a
very
useful
number.
I
still,
I
think
it
will
be
less
than
this.
Ultimately,
when
the
project
is
valued
at
co,.
G
So,
just
to
explain
the
points
are
get
complicated
and
there's
lots
of
things
going
on
here,
but
we've
got
the
20
affordable
and
the
the
additional
five
percent
of
units
affordable
at
80
ami,
the
way
they've
structured
their
deal
doesn't
exactly
fit
our
point
matrix.
G
If
you
will
so
here's
the
things
they're
doing
that
work
with
our
policy,
but
they're
still.
Actually
you
know
that
additional
five
percent
at
80
and
below
they're
not
really
getting
points
for
that.
So
that's
kind
of
an
additional
benefit.
That's
here
they
have
there.
They
are
looking
to
house
someone
from
the
homeless
by
name
list
which
hasn't
I
don't
know
if
that's
used
very
frequently,
but
that's
a
great
opportunity.
G
G
Any
questions
about
that
before
I
move
on
I'll,
just
so
for
the
luige,
we
are
using
that
9
million
dollar
value
sasha.
G
B
B
I
guess
I'm
I'm
just
struggling
a
little
bit
with
the
fact
that
we're
giving
them
points
in
the
luige
for
something
that.
B
They
already
agreed
to
do
as
part
of
the
deed
restriction,
and
so
I
guess
help
me
with
that.
G
G
I
think
if
we
had
given
them
that
land
at
a
like
a
zero
value,
you
know
for
one
dollar
or
whatever.
I
think
then
there's
a
stronger
argument
there,
so
I
think,
because
they
paid
market
value
to
me,
I
feel
like
it's
a
fair
deal,
but
I
don't
know
if
nicki
you
want
to
say
anything
else
about
that
or.
J
I
just
think
the
other
other
point
that
we'll
make
is
that
the
sale
was
was
quite
some
time
ago,
and
I
know
they've
been
trying
to
work
on
on
the
development
here.
Sasha
I
can.
The
date
on
the
deed
restriction
might
point
to
that
initial
sales
date.
So
it's
somewhat
predated
other
incentives
that
we've
used
and
when
we
were
looking
through
our
portfolio
of
investments.
J
What
we
have
seen
with
this
project
is
is
the
addition
of
the
other
things
I
think
you
know
we
brought
this
to
their
attention
as
well.
You
know
that
they
that
the
deed
restriction
did
require
that,
which
is
why
I
think
they're
attempting
to
work
with
you
know
the
five
percent
at
80.
You
know
really
to
provide
additional
benefits
so
that
the
case
can
be
made
that
this
is
deserves
a
luigi,
and
I
know
we
have
some
representatives
of
the
development
team
here
today
as
well.
J
J
B
B
B
Why
did
they
agree
to
that
deep
restriction
I
mean
and
if
they
agreed
to
that,
then
how
come
we're
at
so
I'm
just
I'm
struggling
with
this
one
and
again
not
that
I
mean
I
love
the
project.
I
think
it's
great.
B
I
I
do
agree
that
there's
something
some
value
associated
with
that
additional
five
percent
that
they've
thrown
in,
I
think
that's
fabulous,
but
I
guess
I'm
just
struggling
a
little
bit
with
those
that
30
points.
So
anyway,
just
keep
saying
you
have
your
hand
up.
I'm
sorry,
I
don't
mean
to
be
rambling
here.
H
That's
okay
interesting
point
about
giving
it
the
full
30
points.
I
see
what
you
mean
now.
I
want
to
remind
you
a
couple
things
because
I
was
involved
on
a
on
the
portable
housing
committee
when
this
project
did
come
through
and
I
do
recall
there
was
discussion
of,
would
it
be
in
luigi
now,
at
the
time,
luigi
had
never
been
successfully
used.
H
The
first
project
it
was
that
open
doors
was
360
hilliard
and
at
the
time
I
believe
that
this
came
up
luigi
at
the
time
was
still
at
ten
percent
of
units
for
fired,
affordable.
We
have
since
moved
it
to
20..
So
just
a
little
background
because
I
think
what's
happening
here
is
we're
realizing.
We
need
to
reevaluate
all
our
programs,
like
deborah
said,
and
this
was
kind
of
caught
in
the
queue
while
we're
making
the
changes,
because
it's
been
so
many
years.
So
I
don't.
I
don't
want
us
to
stop
this
project
from
moving
forward.
H
I
think
if
we
want
to
change
our
policies
and
say
that
if
we
do
a,
you
know
an
affordable,
direct
sale
that
that
discludes,
you
from
another
incentive
program,
then
we'll
need
to
write
that
policy,
because
I
think
this
you
know
we
were
just
at
the
time
still
hoping
to
make
luigi
work.
So
it
was
a
different
conversation,
but
I
do
understand
the
concern.
I'm
glad
that
the
developer
came
back
with
an
increase
now
it's
25,
affordable
units.
I
Get
thank
you
good
afternoon,
madam
chair
and
council
members.
I
am
happy
to
also
add
that
we
are
adding
that
additional
five
percent.
I
know
you
noted
that
the
20
of
the
units
were
part
of
the
original
deed
restriction,
but
the
additional
five
percent
is
ex
is
in
fact
two
additional
units
that
will
be
constructed
in
order
to
receive
this
grant
and
our
estimated
construction
cost
is
about
550
000,
I'm
not
sure
exactly
what
the
grant
award
will
be,
but
I
will
I
just
wanted
to
highlight
that
point
that
it
is
a.
I
It
is
a
significant
addition
to
this
project
and
that's
all
toward
of
affordability
and
again
that
will
be
it.
Those
units
will
be
80
ami
for
another
30
years,
and
the
luigi
only
requires
20
years,
and
I
understand
that
your
focus
was
on
that
one,
those
initial
20
units,
but
this
project
is
getting
105
points
out
of
the
luigi
matrix
from,
and
that
means
that
remember
we're
not
getting
credit
for
the
five
percent,
but
we
are
adding
about.
I
I
think
don't
quote
my
math
here,
but
I
think
at
least
75
points
in
addition
to
the
30
points
that
we've
gotten
from
those
20
that
were
part
of
the
original
deed
restrictions.
So
I'd
just
like
to
you
know,
make
sure
that
you're
considering
that
as
well
as
you're,
factoring
in
what
additional
benefits
we're
offering
to
the
community
on
this
one.
Thank
you.
B
G
Sure
so
as
it's
using
those
this
construction
value
for
just
for
the
math,
currently
they're
paying
around
a
thousand
dollars,
fifty
thousand
fifty
per
year
in
taxes
on
the
vacant,
land
and
they'll
continue
to
do
that
throughout
the
grant
period.
The
difference
between
the
the
value
estimated
value
cur
you
know
in
the
future
is
35
000
a
year,
so
the
total
grant
would
be
somewhere
around
three
752
850
000,
so
753
000,
which
is
about
62
000,
almost
63
000
per
unit.
G
That
estimate
will
be
tweaked.
Obviously,
when
we
get
to
co
with
the
county
valuation
and
then
after
year
21,
the
city
will
begin
receiving
those
taxes
you
know
into
the
future.
Let's
see,
walk
and
bike
scores.
G
At
city
council
as
well
so
staff
is
recommending
approval.
B
I
I
mean
I
just
sort
of
penciled
it
out
and
said
I
mean
you
know
so
my
quick,
my
concern
is
about
28
of
the
of
the
request.
You
know
if
you
took
the
30
out,
which
isn't,
I
don't
think,
that's
completely
fair,
because
I
do
think
they've
added
this
extra
five
percent.
I
mean
just
just
to
clarify
where
what
my
thinking
is,
but
I
so
I
may
change
my
mind
tonight,
but
I
I'm
just
I'm
not
prepared
to
support
this
at
the
full
105
points
right
now.
B
F
H
Thank
you.
Well,
I
would
like
to
make
a
motion
to
recommend
that
city
council,
through
the
land
use
incentive
application
for
reed
creek,
greenway,
plaza
project,
also
known
as
421
brock
history
I'll
second.
B
Sandra
okay,
okay,
I'll
do
a
roll
call
vote,
sam
councilwoman,
kilgore,
aye,
councilwoman,
turner,
hi,
and
I'm
a
no.
So
with
that.
It
will
go
forward
to
counsel
with
this
committee's
recommendation.
B
Thank
you.
Thank
you.
Thank
you
and,
and
I
I
am
really
excited
about
the
project.
I
it's
not
it's.
It's
just
this
struggle
for
me.
So
next,
so
should
you
have
anything
else,
anymore,
luigi,
nine
or
ten
of
them?
Actually
we
do
want
to
hear
more
because
you
know
this
was
intended
to
be.
B
You
know,
I
think
you
know
we
want
this
to
be
a
really
powerful
tool
and
you
know
trying
to
get
it
to
help
to
get
more.
Affordable.
Housing
is
really
the
goal.
It's
not
to
hold
back.
Money,
I
think,
is
the
goal.
So
with
that
I'm
going
to
open
it
up
to
public
comment.
B
We
did
not
receive
any
comments
prior
to
the
meeting,
but
I'm
wondering
if
I'm
gonna
ask
staff
beth.
Do
we
have
anybody
in
the
queue.
B
Okay,
well
so
the
thousands
of
people
out
there
just
being
silent
and
completely
approving
our
what
we've
done
at
this
committee,
so
all
right,
any
other
comments
or
questions
from
the
committee
members.