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From YouTube: City of Charleston Committee on Real Estate 5/24/21
Description
City of Charleston Committee on Real Estate 5/24/21
C
D
A
A
C
B
G
A
A
Okay
and
if
you
need
to
file
one
of
those
conflict
of
interest,
forms
with
the
clerk
I'll
just
remind
you
to
do
that,
you
for
the
record.
Councilmember
rappel
has
put
himself
on
self
mute.
The
first
item
is
a
modification
to
a
transfer
agreement.
We
should
have
received
a
amended
copy
from
mr
mcleaney
concerning
this.
This
is,
as
I
understand,
and
a
minute
agreement
from
the
2019
agreement
that
we
had
dealing
with
six
with
the
opportunity
to
create
six
single
family
housing
units
out
there.
F
Yes,
sir,
I'm
glad
to
so
you
all
and
and
council
member
shaheed.
I
think
it
was
january
2020,
where
real
estate
and
city
council
approved
the
transfer
agreement
between
the
city
of
charleston
and
jjr
development
llc
to
build
six
single-family
detached
homes
at
67
america
street.
So
the
first
item
that
we're
asking
the
real
estate
committee
to
approve
today
is
an
amendment
to
that.
The
transfer
agreement
is
traditionally
a
12-month
agreement.
Of
course
we
sought
the
approval
during
covet
19,
but
during
that
time
the
engineering
was
done.
F
The
design
for
the
units
was
done
as
well,
and
that
is
what
typically
happens
with
the
transfer
agreement,
but
because
we're
out
of
compliance,
if
you
will
we're
asking
for
your
approval
of
an
amendment
to
the
transfer
agreement
itself
and
chip,
I
don't
know
if
you
needed
to
add
anything
to
that
comment.
He's
shaking
his
head.
No.
A
H
H
The
transfer
agreement
also
says:
there's
a
development
agreement
to
be
entered
into
and
that
that
has
to
be
approved
by
city
council
and
that
wasn't
done.
Carter
duprey
actually
prepared
that
from
ainsworth
for
us
to
get
approved
so
we're
we're
getting
sort
of
both
approved
at
the
same
time,
the
development
agreement,
as
opposed
to
the
transfer
of
the
property
controls,
the
development
and
and
specifically
the
affordable
housing
portion
of
the
development
on
the
property.
So
that's
the
importance
of
that
agreement.
H
It
we
don't
really
have
a
true
standard
form,
but
you
know
it's
mostly
the
same
form
from
project
to
project
with
you
know,
minor
changes
a
lot
of
times
attorneys
want
us
to
be
reasonable
in
certain
respects,
and
I
always
try
to
explain
to
people
that
governments
have
to
be
reasonable.
You're
not
allowed
to
be
an
unreasonable
government,
but
people.
A
D
F
Certainly-
and
that
was
that
would
be
my
next
point-
certainly
the
development
agreement
that
you
have
before
you
is,
as
I
indicated
earlier,
to
construct
six
single-family
detached
homes
at
67,
america,
street
and
councilmember.
Wearing
may
remember
this.
We
had
this
with
a
another
non-profit
several
years
ago,
so
we've
been
seeking
to
build
on
this
property
for
some
times
that
the
city
has
owned.
F
I
have
the
current
developer
in
florence,
peters
on
the
phone
who's,
our
housing
development
officer,
but
the
total
development
cost,
for
this
is
a
million
seven
approximately,
so
we're
looking
at
a
little
over
and
eighty
nine
thousand
dollars
per
home,
which
is
very
costly
for
us
relative
to
affordable
housing.
So,
as
I
ask
for
your
approval
of
this
development
agreement,
we
will
also
need
to
subsidize
beyond
thirty
thousand
dollars
that
we've
already
invested
for
those
pre-development
costs.
Excuse
me
we
would
need
to
subsidize
and
provide
those
in
buyers.
F
At
least
eighty
three
thousand
dollars
we're
asking
for
a
five
hundred
thousand
dollar
subsidy
amount
for
the
total
project,
and
so
that
amount
would
go
towards
the
end
buyer,
but
certainly
would
make
the
developer
whole.
I
would
say
to
real
estate
that
we
have
an
increase
in
contingency
in
this
particular
contract
and
we
have
that
in
there
because
of
the
unanticipated
cost
that
many
are
seeing
in
the
development
arena
right
now,
and
ideally,
this
will
cover
what
any
unanticipated
cost
might
be.
F
D
A
D
F
D
F
Yes,
ma'am
in
most
cases,
some
borrowers,
some
and
borrowers
will
bring
a
little
bit
more
subsidy.
The
program
itself
only
requires
about
twenty
five
hundred
dollars
in
a
down
payment,
but
many
buyers
now
have
the
opportunity
or
have
brought
more
to
the
table,
which
is
helpful
for
them,
but
most
of
these
buyers
for
this
project
can
afford
about
two
hundred
thousand
dollars
in
a
mortgage
and
naturally,
that'll
vary.
But
that's
the
120
range
right
now.
F
D
Thanks,
I
I
just
think
it's
important
for
us
to
you
know,
put
that
out
in
front
of
the
public.
There's
always
questions
about
spending
taxpayers
hard-earned
money,
for
you
know
helping
people
and,
and
then
maybe
one
final
question
is
the
source
of
the
five
hundred
thousand.
Is
that
coming
out
of
the
housing
trust
fund?
The.
F
A
Not
taxes-
and
it's
just-
I
see
your
handcuffs
from
where
I
must
make
a
comment
that
you
know
not
too
long
ago
you
could
buy
almost
any
house
in
on
the
peninsula
north
of
broad
street
for
200
000.
It
just
didn't
seem
out
of
reach
to
buy
a
a
quality
home
for
the
mid
100.
Thousands,
not
that
long
ago,
anyhow,
councilman
wary.
I
A
F
And
I
would
mention
council
member
shaheed.
This
is
also
in
the
bar
district.
Fortunately,
we
had
julia
martin
as
the
architect
on
these
who's
very
well
versed,
and
so
that
process
didn't
take
as
long
as
it
traditionally
has
for
us,
and
so
it's
really
just
a
matter
of
where
we
are
in
our
market
relative
to
those
costs
and
I'm
hearing
it
across
the
board
from
a
number
of
developers.
A
J
Well,
I
appreciate
the
the
opportunity
from
the
mayor
and
city
council
gianna
and
the
rest
of
staff
to
be
able
to
assist
the
city
on
on
these
things
and
to
go
to
your
point.
If
these
houses
were
market-based.
In
my
professional
opinion,
these
houses
would
probably
sell
for
about
five
hundred
and
twenty
five
thousand
dollars.
J
So
we
got
a
fifty
percent
increase
on
the
amount
of
proportional
density
and
we
will
certainly
do
the
best
that
we
can.
We
probably
have
50
single-family
houses
that
we
have
under
construction,
so
these
will
get
the
benefit
of
our
economies
of
scale
and
efficiencies
and
purchasing
capability
and,
as
miss
miss
johnson
said
before
the
last
one.
We
did
for
for
miss
johnson,
we
did
an
internal
audit
and
and-
and
I
think
we
returned
to
check
for
16
000
after
we
were
surprised.
J
We
came
in
under
budget
but
as
they
say
in
a
mutual
fund,
past
performance
does
not
indicate
future
performance.
We
will
do
the
best
that
we
can
and
we
will
treat
this
with
with
the
utmost
care
and
we're
going
to
do
these
simultaneously,
all
at
once
and
we'll
do
it
with
our
capital
for
the
city,
and
this
is
sort
of
an
unusual
arrangement
we're
coming
up
with
the
build
cost
up
front
and
then
ms
johnson's
going
to
subsidize
the
down
payments
later.
You
can
make
us
whole,
but
we
enjoy
doing
this
type
of
project.
J
I
Yeah
we've
got
some
observations
and
and
that
this
was
going
to
be
affordable,
housing,
tpw
cws
has
a.
I
think
we
have
something
to
reduce
the
tap
fees
or
something
for
affordable
housing.
So
somehow,
in
this
process,
mr
robertson,
ms
johnson,
hopefully
you
take
advantage
of
that
and-
and
the
second
thing
is,
I
just
wonder-
remember
we
passed
a
smaller
lot
ordinance
last
year
that
helped
at
all
in
trying
to
reconfigure
from
four
to
six,
with
more
flexible
frontage
and.
J
It
would
have
helped
us
we
had
to
go
through
giant
and
I
had
to
go
through
a
very
laborious
zoning
process
where
we
had
a
a
provocateur
in
the
neighborhood
who
lived
several
blocks
away.
That
was
trying
to
use
some
knowledge
of
his
zoning
to
try
to
thwart
the
project
and-
and
I
think
we
initially
had
this
on
the
bza
zoning
docket
in
early
in
early
march-
then
the
pandemic
hit.
And
then
we
started
having
the
virtual
meetings
in
june
and
it
was
it
was
sort
of
like
the
thrill
in
manila.
J
We
had
to
prepare
for
the
zoning
meeting
john
and
I
probably
were
on
there
for
at
least
an
hour
an
hour
and
15
minutes
and
of
course
we
prevailed,
but
I
think
the
new
smaller
lot.
Zoning
ordinance
would
have
circumvented
that
that
particular
spitefulness
of
the
nimby
that
didn't
want
to
see
affordable
housing
built
in
in
the
neighborhood
and
use
their
special
skills
to
try
to
afford
us.
But
I
I
think
I
think
the
new
ordinance
on
that
probably
would
have
handled
this
respectfully.
J
A
Exactly
right,
I
will
call
the
question
all
those
in
favor
of
item
a
please
don't
involve
by
saying
aye
aye
aye
any
opposed,
and
let
the
record
reflect
that
councilmember
pal
has
accused
himself
of
any
consideration
all
right,
we'll
move
on
to
item
b.
Thank
you,
mr
roberts,
item
b
on
our
agenda,
as
we
request
for
authorization
of
the
man
to
execute
the
necessary
documents
for
the
purchase
of
some
properties
on
huntington
avenue
is
1.45
acres.
A
F
Our
goal
here
is
two-pronged:
we
would
build
the
future
navigation
center
or
homeless
to
hope
center
in
this
area,
along
with
about
50
to
55
units,
I
think
it's
closer
to
50,
to
be
perfectly
honest:
apartments
for
permanent
rental
apartments,
for
persons
transitioning
out
of
homelessness
and
those
who
need
permanent,
affordable
rental
housing.
So
this
is
an
opportunity
that
we
have
been
seeking
for
some
time
now
and
we're
excited
for
this
opportunity.
F
We
just
received
the
monies
the
mayor
just
signed
the
grant
agreement
at
the
beginning
of
this
year,
so
we
still
have
three
years.
In
effect,
we
have
begun
looking
at
the
engineering
on
this
and
and
how
we
bring
about
the
appropriate
storm
water
management
at
the
site,
working
with
matt,
felton
and
kenzie
holton
in
that
team.
F
This
property
is
in
an
x
zone,
so
low
risk
for
flooding,
but
we
do
have
some
issues
out
there
that
we
will
need
to
address
to
make
sure
we
have
the
proper
stormwater
management
and
just
supply
of
infrastructure
for
this
site.
Previously,
you
you
all
may
have
recalled
if
you've
ever
ridden
by
there
are
four
single-family
detached
homes
on
the
site.
They've
probably
been
there
since
the
60s
or
so,
but
the
folks
that
owned
it
used
to
have
daycares
there
for
elderly
persons
that
they
used
to.
They
provided
that
service
at
that
particular
site.
F
I
Yeah
I'll
second,
it,
okay,
councilmember
waring,
just
one
thing
is
you
know
I
guess
in
due
diligence
on
this.
Mr
may,
I
think
it's
a
great
idea,
ms
johnson,
but
this
isn't
a
bad,
but
you
know
it's
close
to
a
lot
of
graveyards
up
there.
Anyway,
we
had
any
sounding
around
there,
just
to
make
sure
we're
not
buying
a
piece
of
properties
gotta.
On
my
a
mock
grave
or
two
on
it,
I
mean
you
know,
we
didn't
think
the
gear.
C
K
F
Sir
yeah
and
we're
looking
at
that
council
member
wearing
my
construction
manager
mike
kiefer,
we're
doing
a
geotech,
a
phase
one
and
some
other
work
for
that
very
reason
to
make
sure,
because
there
is
a
graveyard,
probably
not
a
full
mile
down
the
road
heading
northwest
and
it's
not
magnolia.
But-
and
I
don't
remember
the
name.
But
I
know
the
graveyard,
because
I've
been
the
services.
F
A
Thank
you
thank
you
for
wearing,
as
you
were
talking,
I
I
just
pulled
it
up
on
my
google
maps
and
you
you're
right
on
point
with
that.
This
is
magnolia's
not
too
far
from
that
the
unity
and
friendship
society.
Cemetery
right
lawrence
is
all
this
is
all
that
same
general
vicinity
of
that
and
so
you're
right.
We
we're
not
sure
what
we
may
be
finding
out
there.
If
we
did
some
sounding
on
that.
Mr
mayor,
I
think
I
saw
your
hand
up.
E
E
They've
got
that
ground
penetrating
little
device.
I
think
they
can
look
for
them,
so
you
might
I
get
grant
mishu.
Is
the
guy's
name
he's
like
an
expert
on
local
cemeteries
and
see
if
he's
got
any
information
on
it?
In
this
case
I
must
say,
and,
and
we
didn't
buy,
the
we
are-
we're
not
buying
the
property
for
this
reason,
but
it
it
actually,
you
know,
maybe
works
in
our
favor.
E
Is
large
enough
to
accommodate
some
some
housing
on
it,
as
well
as
a
comprehensive
services
to
those
who
are
experiencing
homelessness?
Who
are
not
you
know
in
in
180
place
and-
and
it
really
is
an
ideal
opportunity.
So
the
funny
thing
is:
it's
got
commercial
properties
on
either
end
auto
repair
shop
on
one
side
and
then
a
real
estate
office
on
the
other
side,
and
then,
besides
that,
it's
cemeteries
all
the
way
around
here.
E
E
It's
a
great
location,
we'll
have
some
room,
it
does
have
some.
We
know
that
there
are
some
drainage
issues.
The
folks
on
on
on
meeting
street,
who,
who
were
building
over
there
by
santees,
had
to
deal
with
some
of
the
similar
issues.
So
we
may
have
to
get
some
easements
through
a
couple
of
the
cemeteries
for
our
outfall,
but
we
we.
We
certainly
think
it's
worth
pursuing
those
solutions
and
putting
this
property
to
use.
We've
all
seen
I'll
be
honest
with
you.
A
All
right,
let's
call
the
question.
I
think
we've
had
a
good
discussion
about
this
and
I
feel
like
it's
all
very
positive,
so
all
those
in
favor
of
item
b
certified
by
saying
aye
aye
any
opposed
i7.
I
told
giona
earlier
when
I
chatted
with
her.
It's
always
such
a
pleasure
talking
to
her,
because
what
we're
doing
here
is
just
such
positive
stuff
for
our
citizens
and
our
members
of
our
community
and
jonah.
Thank
you
again
for
your
hard
work
always
and
you
you
keep
the
ball.
A
Well,
you
got
that
and
I
think
you've
got
this
full
council
support
on
on
your
initiative.
So
thank
you.
So
much
item
b
is
approval.
The
second
amendment
to
the
management
agreement
between
the
city
and
charleston
digital
corridor
regarding
space
at
22
west
edge.
I
see
matt
jumped
on
to
his
video
immediately
because
he
knew
I
was
going
to
call
on
him
so
matt.
You
want
to
give
us
a
little
background
on
this
and
what
we're
doing
with
this
second
amendment
to
the
management
agreement.
A
K
E
E
Since
their
inception
inception,
they've
hired
over
250
people
in
the
city
of
charleston
and
they've
been
growing
like
a
weed,
so
they're
making
some
other
arrangements
and
we
have
a
new
tenant
as
as
matt
just
referred
to,
and
this
is
a
research
institute
on
brain
chemistry
and
brain
function,
and
I
I
met
the
doctor
last
week.
That's
leading
that
up
and
he
says,
there's
already
three
other
companies
that
are
starting
up
because
of
this
startup.
E
E
A
A
L
Yes,
sir
good
afternoon,
everyone
mayor,
teckenberg
and
councilmember
waring
spoke
of
this
project
a
few
months
ago,
and
so
now
we
are
bringing
it
forward
to
you
all
for
authorization
and
it's
an
ordinance
authorizing
the
mayor
to
execute
a
new
permanent
easement
between
the
city
and
cpw
that
will
authorize
them
to
access
our
property
murray
boulevard,
primarily
for
access
to
their
wastewater
tunnels
and
to
their
shafts
in
exchange.
The
city
would
receive
one
million
dollars
in
consideration.
L
I
think
we
we've
worked
that
out
to
our
satisfaction.
We
know
that
cpw
would
be
a
good
partner
with
us.
Matt
fountain
had
the
opportunity
to
review
this
and
give
us
some
input.
So
we're
comfortable
with
that,
and
and
hopefully
there
won't
be
any
delays
to
the
low
battery
project
and
there's
also
going
to
be
coordination
with
our
department
of
tnt
to
make
sure
that
traffic
would
be
minimized.
Traffic
disruption
would
be
minimized
when
they
have
to
get
on
the
street
for
access
to
their
shafts.
L
M
Just
brief,
mr
chairman,
as
as
mr
deena
mentioned,
we
were,
we
reviewed
it
at
stormwater
to
try
to
minimize
potential
impact
on
the
low
battery
project.
This
would
be
within
the
limits
of
the
phase
three
construction
work
and
we've
coordinated
with
cws
to
try
to
make
sure
we're
working
in
good
faith
to
minimize
those
efforts
very.
A
G
No
just
thank
you
very
much
for
your
consideration.
We
really
appreciate
working
with
the
city
on
this
project
and
we
certainly
have
no
plans
immediately
to
get
in
there
to
do
any
work,
but
we
need
the
capability
to
do
so
when,
if
that
happens-
and
I
think
this
instrument
allows
us
to
do
that
and
we
look
forward
to
to
its
approval.
So
thank
you
very
much.
E
If
you
would,
I
was
just
going
to
reiterate
the
important
and
valued
partnership
between
the
city
and
charleston
water
service,
ken
jennifer.
Thank
you
very
much,
and
susan
mentioned
both
my
name
and
councilmember
waring
at
the
outset,
but
councilmember
wearing
deserves
a
credit
on
this
one.
I
can.
I
can
tell
you
that
thank
you.
Councilman.
E
I
G
A
D
No,
I
just
want
to
agree
that
everything
that
I've
been
part
of
with
cws
is
totally
cooperative
and
the
extra
mile.
So
thank
you
very
much.
My
mother
always
said
my
cure.
Up.
Curiosity
will
kill
the
cat,
but
I
I
was
just
curious:
how
how
did
you
do
all
of
this?
Without
a
permanent
easement,
I
mean,
haven't
you
had
to
have
access
to
these
same
underground?
Well,.
G
Actually,
actually,
we
we
own
the
property
there
adjacent
to
the
to
the
proposed
easement,
and
so
what
this
will
do
is
give
us
an
opportunity
in
the
future
to
market
that
property.
So
if
we
have
the
ability
to
locate
in
the
street,
we
don't
obviously
need
that
property
any
longer.
So
it's
another
opportunity
to
put
that
property
on
the
tax
rolls.
If
you
will
too
so
just
a
virtual
win,
win.
A
L
J
L
L
If
there
are
any
environmental
issues,
don't
expect
any
problems,
however,
and
this
is
going
to
be
used
for
long-term
protection
of
lockwood
boulevard
for
drainage
protection
and
my
cohort
and
partner
in
crime
here
today,
matt
fountain
has
just
popped
up,
so
he'll
be
happy
to
answer
any
questions
that
anybody
has
about
this.
Thank
you.
A
M
Briefly,
this
this
area
is
a
you
know,
prime
area,
for
kind
of
the
dutch
dialogue
approach
of
storing
water
behind
a
barrier
which
is
lockwood
boulevard
in
this
situation.
So
we
can.
We
do
deal
with
a
lot
of
the
internal
rain
water
from
the
peninsula,
both
that
drains
from
lockwood
into
this
area,
as
well
as
it
drains
out
of
colonial
lake
down
canal
street
and
into
this
area.
So
it's
sort
of
one
of
the
the
epicenters
of
where
we
manage
storm
water
internally
within
this
kind
of
southwestern
portion
of
the
peninsula.
M
D
M
So
it's
it's
somewhat
naturalized
at
the
moment.
It's
it's
more
the
opportunity
to
prevent,
fill
and
build
in
an
area
that
is
currently
managing
a
lot
of
stormwater,
even
though
it's
under
private
ownership,
rather
than
an
opportunity
to
maybe
make
a
large
enhancement
to
stormwater,
but
it
does
preserve
and
maintain
that
we
have
a
number
of
city-owned
acres
kind
of
in
that
that
vicinity
around
it.
So
it's
sort
of
preserving
that
last
little
bit
of
available
storage
for
the
future.
A
Very
good,
I
know
that
by
the
way
that
not
too
far
as
defensively
I
used
to
live
at
104
b,
faint
street,
when
I
was
doing
some
digging
around
that
area,
I
did
some
research.
The
faint
street
was
used
as
a
canal
to
float
lumber
down
to
the
mill
down
off
of
what
is
now
lockwood
boulevard,
but
they
there
was
a
mill
down
there
and
they
that's
what
they
did.
They
floated
lumber
trees
with
a
mill
so
councilman
rappel.
I
think
I
saw
your
hand
down
your
finger
up
anyhow.
C
Well,
two
questions
I
mean:
have
we
like
looked
into
the
title
on
this
and
determined
that
this
is
actually
owned
by
people
and
not
the
state
of
south
carolina
under
some
sort
of
I'm
drawing
a
blank
on
a
public
trust,
and
you
know
erosion
type
theory
number
one:
do
they
have
good
title?
The
number
two?
C
L
I
I
can
I
can
try
to
answer
both
of
those
questions.
Council,
member
pal,
on
the
first
one,
during
the
inspection
period,
we
will
confirm
that
they
have
good
title.
They
have
represented
that
they
do,
and
so
that
will
certainly
be
something
that
we'll
be
looking
at
during
our
due
diligence
period
and-
and
I
think
you're
rightfully
concerned
about
that
and
then
the
second.
The
second
question
is
what
we
decided.
L
What
we
did
in
this
case
and-
and
I
think
it
was
a
reasonable
approach-
was
because
the
property
has
been
valued
at
various
prices
throughout
recent
time.
You
know,
can
it
be
filled?
Can
it
be
developed?
Can
it
not
whatever
we
just
went
with
the
market
value
that
appears
on
the
county's
website
and
and
that's
the
approach
that
we
took.
A
A
All
right,
let's
call
the
question
all
those
in
favor
of
the
mayor
trying
to
purchase
canal
street
property
signify
by
saying
aye
aye
aye
the
opposed
eyes
have
it.
I
notice
on
our
agenda.
We've
got
fngr
for
executive
sessions.
Susan.
Can
we
go
into
executive
sessions
for
both
of
these
at
the
same
time,
or
do
we
have
to
go
in
and
come
out
and
go
in
and
come
out.