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HomeMy WebLinkAbout1994.07.24_City Council Agenda_Special NOTICE OF PUBLIC MEETING AND PUBLIC HEARING OF THE OWASSO CITY COUNCIL TYPE OF MEETING: Special DATE: July 24, 1994 TIME: 7:00 p. m. PLACE: Council Chambers, Owasso Community Center Notice and Agenda filed in the office of the City Clerk and posted on the City Hall bulletin board at 4:00 p. m. on Tuesday, July 18, 1995. Marci Boutwell, City Clerk AGENDA 1. Call to Order 2. Roll Call PUBLIC HEARING 3. Presentation and Open Discussion, Including Public Comment, of a Proposed Low Income Housing Tax Credit Application. Mr Hardin The purpose of the hearing is for consideration of approval or disapproval of the proposed development as authorized by the Oklahoma Tax Code. All legal and factual issues concerning the proposed development will be asserted and considered at the hearing. This hearing is conducted pursuant to and under Rules 330:36 1-1 et seq of the Oklahoma Housing Finance Authority and Ordinance #502 of the Code of Ordinances of the City of Owasso, Oklahoma. Staff will make a presentation of the proposed application and answer questions, as well as accept for consideration any public comments offered. 4. Adjournment City of Owasso 207 South Cedar PO Box 180 Owasso, OK 74055 (918) 272-2251 FAX (918) 272-4999 ORDER TO SET HEARING TO: MARCIA BOUTWELL OWASSO CITY CLERK BE ADVISED that the City of Owasso recieved on June 23, 1995, a Notice of Application for Low Income Housing Tax Credit Development from the Oklahoma Housing Finance Authority. THEREFORE: By the authority vested in me pursuant to Ordinance #502 Sec 5-1203 of the Code of Ordinances of the City of Owasso Oklahoma, I direct that a special meeting of the City Council of the City of Owasso Oklahoma be set for July 24, 1995 at 7:00 p. m. in the Council Chambers and that the above Notice and public hearing thereon be placed upon the Agenda. C es L Burris, Mayor NOTES FROM PUBLIC HEARING - 7/24/95 Bill Sellers J B Stigall Susan Perkin - Ator Robert Franklin -apartment complex should stand alone Greg Wilson -owns some upscale apartments -doesn't want to live next to one of the restricted income properties Jim Burgin - Ator -How do we address the impact on police? John McDonald Ron Ogan Sue Olsen -How many units? Are all tax credit units? How did you become aware of Owasso? Do you see properties after a period of time? If so, how long after they're built are they sold? Mike Underwick -How long is the spread on tax credits? Sharon Kelly -Copper Meadows -High School teacher David Larue - Is there anything to prevent you from this into a Section 8 property? Debbie Smith -Copper Meadows -Will this remain rent controlled (restricted)? Mike Nance -Three Lakes -Define income subsidy. Spoke to the impact on police services. Mike Williams -Elm Creek Lori Lovelace -Who pays the property taxes? Debra Neal -Copper Meadows Floyd Perkins - Ator Heights Peggy Robinson -wants upscale housing Richard Phillips - Ator Heights Charles Willey - Ator Heights Edward VanSchick -Broken Arrow -similar requests in B A. John Groth Juanita Parker Noble Sokolosky -What is the criteria by which the Council will make a decision? What is the standard for review at the district court level? Vicki Nance Bob Randolph Steve Hack Randall Reever