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From YouTube: City of Charleston Committee on Real Estate 3/22/2021
Description
City of Charleston Committee on Real Estate 3/22/2021
B
Thank
you
very
much
well
good
afternoon,
everybody.
I
hope
everybody
dried
out
of
that
terrible
storm
we
had.
On
thursday,
I
say
that
half
facetiously
welcome
and
I'm
gonna
call
on
councilmember
jackson
to
lead
us
in
a
prayer
or
invocation
as
we
bring
to
order
this
real
estate
meeting
on
march
22
2021.
A
D
B
B
E
The
property
was
eventually
transferred
to
what
was
then
the
charleston
bank
consortium
who
served
as
one
of
our
community
housing
development
organizations
and
a
developer
of
affordable
housing
at
that
time.
That
organization
hired
hsh
development
company
to
develop
a
single-family
detached
home
at
that
site.
Those
two
organizations
ended
up
in
litigation.
E
The
city
of
charleston
was
named
in
that
lawsuit.
Ultimately,
the
property
was
lost
to
foreclosure,
for
so
for
several
years
now,
we've
been
out
out
bid
if
you
will
to
repurchase
this
site.
Florence
peters
who's
on
my
team
is
our
housing
development
officer
and
she
would
literally
go
to
the
courthouse
to
bid
on
this
site
every
time,
because
we
have
restrictive
covenants
recorded
with
this
property.
E
Many
of
the
private
sector
developers
that
bid
on
this
property
thought
that
at
some
point
they
could
get
the
city
to
release
those
covenants.
We
were
not
willing
to
do
that.
The
more
recent
gentlemen
that
we
are
purchasing
from
at
this
point.
They
were
one
point
looking
at
developing,
affordable
housing,
but
could
not
pull
it
together.
If
you
will
to
make
that
happen,
and
so
he
asked
a
number
of
considerations
of
the
city
and
even
presented
to
what
is
known
as
the
homeownership
initiative
commission.
E
If
you
were
to
drive
by,
you
would
see
half
of
a
foundation
if
you
will
built
there
since
that
time,
you
know
we're
looking
at
several
opportunities
to
maybe
build
more
than
one
more
than
just
a
single
family
detached
home.
It
could
be
that
we
can
do
some
attached
for
sale
properties
here.
We're
evaluating
that
now,
but
we
believe
this
is
an
opportunity
to
secure
a
property
that
was
lost
as
a
result
of
transactions
that
occurred
many
years
ago
and
ask
your
support
of
that.
E
Yes,
sir,
the
last
group
had
designed,
I
think
the
architect
was
gold,
had
designed
three
units
to
go
on
the
site.
Three.
I
think
there
were
six
fifty
seven
hundred
square
foot
units
when
he
presented
it
to
planning
commission
and
bar
the
height
became
an
issue
for
him
and
so
we're
looking
at
those
plans
now
or
have
asked
for
those
plans
to
see
if
we
can
amend
those
to
maybe
lessen
the
height
and
still
achieve
the
three
units
on
the
site,
the
neighbor
to
the
right
of
this
to
the
left
of
this
property.
E
At
the
time,
because
I
happen
to
be
that
planning
commission
meeting
was
concerned
about
the
height
of
the
building
in
relation
to
his
home.
Having
said
that,
you
know
the
base
flood
elevation
now
on
most
sites
are
higher,
especially
in
the
west
side
than
most
of
the
other
properties,
but
our
goal
would
be
to
just
try
to
balance
it
and
make
it
work
where
we
are
based
on
where
the
property
sits.
B
C
B
Any
any
oppose
the
eyes
have
it.
Thank
you.
So
much
all
right,
a
regular
item
b
is
a
resolution
authorizes
the
city
to
accept
a
permanent
great.
I
love.
I
love
the
terminology.
I
just
had
to
read
it
three
times:
a
permanent
drainage
easement,
but
a
temporary
construction
easement
in
subsurface
tunnel,
easements
and
cambrian
properties
by
the
medical
university.
So
the
queenie.
G
I
think
it's
an
informal
policy
that
they
grant
easements
for
50
years
now,
which
is
why
this
is
confusingly
worded
so
they've
they've
agreed.
The
state
has
agreed
to
allow
musc
to
give
us
a
50-year
subsurface
tunnel.
Easement
on
this
on
these
properties,
musc
is
going
to
ask
for
a
permanent
easement.
G
We
have
been
on
the
phone
with
musc
and
staff
for
the
state,
accountability
office
or
a
state
fiscal
accountability
office
to
discuss
it,
and
you
know
I,
I
don't
think
they
realize
how
many
millions
of
dollars
is
going
into
this,
that
this
is
it's
federal
funds
that
are
dispersed
by
the
state
to
the
city.
The
city
does
pay
a
portion
of
the
the
costs
and.
B
G
G
Even
though
they
knew
it
was
going
to
terminate
in
50
years,
it's
also
impossible
to
count
calendar,
as
you
can
imagine.
At
least
it
was
entered
into
50
years
ago.
Now
that
was
on
a
paper
calendar
getting
to
somebody's
outlook
calendar
now
anyway,
we're
we're
the
state
will
meet
on
may
18th
to
determine
whether
or
not
they'll
give
us
a
permanent
one.
G
We've
asked,
or
I've
requested
permission
to
enter
into
the
either
the
50-year
subsurface
tunnel,
easement
that
the
state
has
already
approved
in
case
that
has
the
potential
of
slowing
down
the
project
or
jeopardizing
the
federal
funds,
but
also
permission
either
to
amend
that
without
further
council
approval
or
to
enter
into
an
amended
agreement,
making
that
permanent
the
easement
to
us
permanent,
and
that's
why
it's
confusingly
worded.
Everything
else
will
stay
the
same.
It's
really
just
the
date
of
the
the
timing.
F
B
Goodness
so
can
you
it
seems
to
me
that
this
50-year
limitation
is
to
the
disadvantage
of
the
state.
I
mean
at
the
end
of
the
50
years.
We
could
say.
Oh
sorry,
I
mean
you
didn't
renew
the
renew
this
with
us.
So
all
the
maintenance
and
is
is
back
on
you
guys,
but
then
anyhow,
anything
you
want
to
add.
Mr
fountain,
to
with
mr
mcqueen,
has
enlightened
us
on
so
far
with
this
project.
F
I
think
mr
mcqueen's
explanation
was
good
for
a
very
confusing
issue.
It
is
50
years
with
the
option
to
renew
so
it
does
envision
that
the
easement
would
continue,
because
I
think,
as
you
were
saying,
councilman
shade,
there
would
probably
be
a
significant
interest
in
the
medical
district
to
continue
having
their
flooding
alleviated
even
50
years
from
now,
and
I
think
mr
queenie
is
being
a
very
careful
attorney
for
the
city
and
saying
that
you
know
there
certainly
is
a
risk
item
here.
F
If,
for
some
reason,
at
the
end
of
50
years,
they
said
we
want
to
terminate
the
easement
and
you
know,
have
you
plug
up
the
tunnel
or
do
something
different
or
if
musc
were
to
sell
their
properties
on
the
peninsula
to
a
different
land
holder?
It
would
you
know
the
easement
would
transfer.
So
I
certainly
understand
where
he's
coming
from,
I
think
from
a
you
know:
construction
lifespan
perspective,
it's
likely
a
very
small
risk,
but
it
certainly
is
present.
So
we
we
have.
F
The
musc
has
been
very
supportive
of
saying:
let's
go
back
to
the
state
and
ask
for
the
for
permanent,
because
their
their
their
staff
understand
the
situation.
The
state
attorney
said.
We
understand
what
you
are
saying
and
we
are
happy
for
you
to
propose
that
as
well,
and
I
think
dr
coles
agreed
to
reach
out
the
mayor's
agreed
to
reach
out
to
the
members
of
that
voting
body
and
sort
of
make
the
case.
So
I
think
we
would
like
to
continue
with
that
approach.
G
G
There
and
that's
my
concern
in
50
years
is
or
60
years
if
somebody
misses
the
deadline
and
we're
still
doing
it
it
just
it's
not
a
very
good
administrative
situation.
I
mean
if
this
were
a
normal
utility
easement,
where
you
know
you're
spending
a
few
thousand
dollars
no
big
deal,
but
we're
spending
millions
of
dollars
on
this
and
no
nobody's
going
to
want
to
deal
with
this
in
50
years.
Yeah.
B
B
The
discussion-
I
don't
mean
to
do
that
anybody
else-
have
any
questions
for
mr
mcqueeny
on
mr
fountain.
This
is
part
of
the
earhart
tunnel
project
and
I
presume
this
is
part
of
the
money
that
we
got
from
the
state
recently.
Mr
mayor,
is
that
am
I
reading
that
correctly
that
10
million
dollars
we
just
got
yes,
sir?
That's
correct
so
this
is
this.
Is
this
is
a
wonderful
opportunity?
It's
going
to
address
a
lot
of
the
issues
that
the
medical
university
complex,
the
hospital
complex
are
going
to
have
been
experiencing.
F
Yeah,
so
it's
it's
roughly
an
18-month
construction
period
we
likely
depends
on
when
we
receive
the
final
grant
agreement
from
the
state
office.
That's
overseeing
that
hud
hud
award,
but
I
would
expect
us
to
be
trying,
assuming
we
get
a
pretty
quick
return
on
that.
I
would
expect
us
to
be
trying
to
get
a
notice
proceed
to
a
construction
contractor.
B
That's
pretty
cool,
I
mean
that
that
really
is
a
pretty
good
deal.
We
if
we
can
show,
within
two
years
improvement
to
that
area.
That's
that's!
That's
good!
That's
really!
Good!
All
right!
All
right!
Any
other
discussion
on
this
item
b,
all
those
in
favor
signify
by
saying
aye
aye
any
opposed
eyes
have
it.
Thank
you
all
very
much,
mr
mcqueen.
Thank
you
because
you
did
clarify
that
complicated
twists
and
turns
on.
I
did
read
it
and
I
I
I
followed
it
pretty.
B
B
H
This
parcel
is
in
the
county.
It's
2901
maybank
highway.
Mr
dennis
owns
this
slot.
He
is
on
the
line,
if
you
have
any
follow-up
questions
for
him,
he's
going
through
the
county
process
right
now
to
build
a
restaurant
and
as
part
of
the
permitting
process,
so
the
county
is
eventually
going
to
be
putting
in
a
multi-use
path
on
this
side
of
maybank
highway
and
as
part
of
the
permitting
process.
Mr
dennis
needs
to
provide
a
permanent
maintenance
event
for
the
city.
H
F
B
C
B
B
A
B
A
I
Okay
and
and
the
reason
that
that's
on
the
profile
is
in
the
past,
all
our
annexations
were
evaluated
by
the
justice
department
because
of
our
need
to
keep
up
with
redistricting
and
making
sure
our
districts
had
the
appropriate
number
of
minority
majority
districts.
Things
like
that
and
also
getting
a
sense
of
if
the
city
was
growing,
you
know
was
it
growing
in
only
certain
types
of
racial
areas
or
other.
You
know
issues
like
that
now.
It
is
just
helpful
for
us
to
understand
the
composition
of
our
population.
I
B
A
Yeah
I
I
appreciate
that
it's
been
a
historical
category
of
information
that
originally
was
required
by
the
department
of
justice,
while
south
carolina
was
under
part
of
the
overall
court
watch
to
make
sure
that
our
voting
districts
were
representative
and
fair.
I
do
think
in
you
know
the
current
event
times
that
we're
in
that
just
to
see
that
word
on
a
piece
of
paper
where
we
asked
you
know,
answer
that
question
of
of
an
applicant's
racial
makeup
that
it
was
it
it
it
could
be
jarring
to
someone.
B
H
B
B
E
B
C
B
G
So
we'll
talk
about
appraised
value
in
those
types
of
things
and
that's
item
f,
that's
make
sure
I've
got
okay!
That's
item
e
item.
F
is
the
same
thing
I
had.
I
had
provided
everybody
with
an
appraisal
of
the
property.
This
is
this
came
up
for
first
reading
last
meeting
and
it's
to
discuss
both
the
appraised
value
and
to
receive
legal
advice
on
the
transaction.