Memorandum
City of Lawrence
City Manager’s Office
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TO: |
David L. Corliss, City Manager |
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CC: |
Casey Toomay, Assistant City Manager |
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FROM: |
Britt Crum-Cano, Economic Development Coordinator Diane Stoddard, Assistant City Manager |
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DATE: |
March 31, 2015 |
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RE: |
Request for Assistance: Cedarwood Senior Cottages |
Introduction
The City received a request on January 28, 2015 from Tenants To Homeowners (TTH) for City assistance in support of the proposed Cedarwood Senior Cottages project. This $2.1 million project, to be located next to the United Way building at 2525 Cedarwood Ave., will provide 14 affordable-rate, senior living townhomes. Construction on the project is anticipated to start March 2015, with estimated completion in the summer of 2016.
As an affordable housing project, TTH has obtained grant funding, project income and financing for the project. However, the applicant is estimating a remaining funding gap of $135,000. TTH is requesting the City cover approximately $100,000 of this gap by providing assistance with project neighborhood infrastructure and improvements.
Infrastructure/Improvements Requested
Specific requested assistance is shown below, along with the applicant’s estimated expenses and corresponding City estimates. Some of the expenses apply only to the project, while others benefit both the project and neighborhood. Note that City support is through avenues that won’t impact the General Fund balance.
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Cedarwood Senior Cottages: Request for public assistance |
Work Performed By City |
Funding Source |
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Req Item # |
Item |
City Detailed Description |
City Covered Expense |
Applicants Estimated Expense |
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1 |
Sidewalk |
100 yards on Ridge Court in front of United Way Center |
$6,000 |
$6,000 |
Yes |
CDBG |
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2 |
Along Cedarwood in front of project and running north to 25th St. |
$15,000 |
$15,000 |
Yes |
CDBG |
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3 |
Storm Sewer Improvements |
Replace existing curb inlet, construct a second new curb inlet south of existing curb inlet. Install the storm sewer pipe connecting the two new curb inlets. Note City covered expense covers only the portion of the request that is in the r-o-w and not within private property. |
$12,000 |
$22,075 |
Yes |
Stormwater: The two curb inlets and connecting pipe can be installed by the City Stormwater Crew. |
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4 |
Fire Hydrants |
City to provide two fire hydrants for the Southridge Addition No. 6 Development in conjunction with the construction of the Cedarwood Ave. Waterline Project. Per the Cedarwood Avenue Watermain Replacement Plans Fire Hydrants will be located at approximate station 11+35 and 14+66 which corresponds to the Fire Hydrant locations on Cedarwood Avenue approved in the Southridge Addition No. 6 Public Improvement Plans. |
$7,000 |
$7,000 |
Yes |
Utilities: To be done as part of overall utility project. |
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5 |
Sanitary Sewer |
Not Covered by City |
$0 |
$3,500 |
No |
N/A |
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6 |
Grass Pavers |
Not Covered by City |
$0 |
$16,000 |
No |
N/A |
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7 |
Detention Pond, Parking Lot |
Provide a lump sum of $1000 to cover the cost of the excavation of the storm water detention basin. No City assistance provided for Parking Lot. |
$1,000 |
$25,800 |
No |
Stormwater |
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8 |
Service, Development, Installation Fees: |
City Rebated Fees: |
$60,975 |
$25,000 |
Yes |
Utilities |
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Water SDC (City Est.): $23,700 |
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Wastewater SDC (City Est.): $30,750 |
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Meter Installation Fee (City Est.): $6,525 |
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Total = $60,975 |
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Total |
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$101,975 |
$120,375 |
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Staff Recommendation
Staff is supportive of the project and suggests City partnership in the project. In addition, any funding gap assistance is recommended to be through avenues that won’t impact the General Fund balance.
If assistance is authorized, Staff recommends a reimbursement agreement between the City and Applicant detailing related improvements, expenses, City and applicant responsibilities, and reimbursements.
Action Requested
City Commission to authorize funding for public improvements and infrastructure related to the Cedarwood Senior Cottages project in support of expanding affordable-rate housing options for seniors, if appropriate.
If improvements are authorized, the City Commission to decide the amount of expenses to be covered, including City performed work and reimbursements.