2008-01-14 Regular Meeting and Workshop of La Porte City Council

Browse Search

'J/,(2j2v!d RE UEST FOR CITY COUNCIL AGENDA ITEM Agenda Date Reqnested: Oll2ll1. 08. . f\ Requested By: Wayne J. ~ ~ Appropriation Source of Funds: Account Number: Department: Plan nine: Amount Budgeted: Report: -L Resolution: _Ordinance: Amount Requested: Exhibits: Letter of Reqnest Area Map Budgeted Item: SUMMARY & RECOMMENDATION In June 2006 City Council passed Ordinance #2003-2665-A to waive development, Permit, building, inspection and parkland fees for certain non-profit corporations and/or City initiated programs which provided housing for low income families. Habitat for Humanity is requesting consideration to participate as a non-profit by obtaining five lots from the City to build two (2) single family dwellings. Given that Habitat is a non-profit organization they would be eligible for waiver of development fees per City ordinance. During a previous workshop, Council agreed to review, on a case-by-case basis, requests for funding/participation from Habitat for Humanity on a level similar to that for the HOME grant program. Under consideration are lots 24-28 in Block 40; 114 North 3rd Street. The property is zoned Main Street District but is not in the overlay portion. As such, single family residential uses are authorized. In a typical HOME grant, the City incurs expenses as a matching requirement. There is a 25% match for HOME funding. The following is a comparison on the expenses incurred by the City for a HOME grant project and a request from Habitat for Humanity. The point of comparison is two homes constructed on the lots on property case P216 (5-lots) as stated above with associated costs factored: City Grant Requirements: HOME Grant---$210,000; Match Requirement: $52,500: Waived permits and fees-- Waived Park Fees-- Lot Acquisition Costs------- Appraisal F ees---------------- Deed Recording Fees------ Sub-Total City Home Grant HFH $ 7,771.10 ($3885.55 x 2 homes) Eligible $ 1,616.00 (2 homes) Eligible $23,900.00 (5 lots total) --(Cash Paid Out)-- $23,900.00 ( If donated by the city) $ 1000.00 --(Cash Paid Out) -- $ 0 $ 25.00 --(Cash Paid Out)-- $ 25.00 $34,312.10 $23,925.00 Harris County Cash match: $18.187.90 --(Cash Paid Out)--$ o TOTAL CASH COST TO CITY: $43,112.90 $23,925.00 For the Home Grant, a direct cash contribution to Harris County would be $43,112.90 and the remainder of the match would be a passive credit in waived fees, liens and permits to cover the contractual 25% match. Should the Habitat for Humanity receive the lots and build homes the cost to the City would be $23,925.00.