Updates on David Street, Beacon Light


The Planning and Community Development Department submitted the following report to the City Council for its meeting Monday.

DAVID STREET CONCENTRATED NEEDS PROJECT

The Division of Community Assistance has acknowledged receipt of responses to grant conditions except the “corrective” public hearing notice and minutes. These will be forwarded on tomorrow. We will await a follow-up letter from DCA releasing all conditions. That should take no more than 10 days.

Today is the deadline for receiving responses to our request for proposals for appraisal and review appraisal services. We have received two responses. A recommendation to approve an appraiser and review appraiser will be submitted at the October 24 council meeting.

Today is the deadline for receiving responses to our request for proposals for legal services. We have not received any responses. We will make direct contact with some attorneys and ask that they submit a proposal.

A request for proposals has been published in the Dispatch for a housing rehabilitation specialist. Proposals should be received on November 1, 2005.

Quotes for a project sign for the David Street Project Area have been received.

CAREY CHAPEL CROSSINGS SUBDIVSION

On Friday, October 8, John Hamme Civil Engineer P.A. submitted to the Planning and CD and Engineering Departments the preliminary design drawings for public facilities for the Carey Chapel Crossings Subdivision.

BEACON LIGHT APARTMENTS

According to Clinton Gravely, architect, his agency is experiencing a problem with the finances for the Beacon Light renovation project. The bid for the project has come in at 4.9 million dollars, and HUD is willing to make a loan for only 4 million. They are not able to cut $900,000 worth of improvements out. The rents have been upped to the maximum level. His firm has another week to come up with an answer. There are two possibilities that could make a difference. One, if the interest rate comes down, and the other if the ownership could be switched to a for-profit organization and someone would invest $900,000. He felt the chances of the latter are rather slim.