PC 08/13/86 - Laserfiche WebLink

Minutes Planning Commission August 13, 1986 housing. In Pleasanton Gardens for example, there is a 20 year waiting list at the current time. He complimented the architect who is the recent recipient of roeectcifTheBarchitectwfiamfand Newark Gardens senior housing P ~ ualifications. the development team have outstanding q Commissioner Wellman asked the cost of thftreunitorentsafort$186, Gardens. Mr. Fielder said their 475 sq. including utilities. There is no meal service provided, no staff or other amenities similar to that proposed in the subject project and the project was built many years ago. Their one ft. units rent for $230 per month minimum (rent bedroom 525 sq. to income). He urged this is on a sliding scale according project be developed as rapidly as possible because each month the cost to develop the project will increase. Vice Chairman Innes asked Mr. Truesdale if he had any idea as to what the rent would be. Mr. Truesdale said a rough estimate would be $600 for a one bedroom unit and $750 for a two bedroom unit. The cost would be adjusted according to income. Vice Chairman Innes asked thaassetseifrtheymwouldlqualify0for lowerl security in addition to as they rent. Mr. Truesdale said they would not qualify as long had assets. Commissioner Michelotti asked the estimated time frame for development. Mr. Truesdale sa~do ectybeinl considered bytCitye bond people 8/14/86 with the p j g Council on the 19th;d forlcontractortselectiongandapreparationbof done in December, bi financial documents at the same time; and construction to start March 1987 with occupancy March 1988. The developmhaseorents second phase would depend upon how fast the first p out. They don't curreortin twowphasese project will be financed as one total project The public hearing was closed. Commissioner Michelotti was impressed with the comments of hase Mr. Dunkley in that adjustments can be made in the second p as necessary. She complimented everyone involved. Vice Chairman Innes supported the project but wanted to go on record as having concern from the standpoint that the density could be a little higher to support more units. Commissioner Michelotti asked if at the second phase consideration could be given to higher density if deemed desirable. Mr. Swift said oweverprthelsecond phasedcouldobethis evening is for 220 units, h handled under the PUD modification process. A motion was made by Commissioner Michelotti, seconded by Commissioner Hoyt that the nega~ovaldinasmuchoaspproject approval PUD-86-9 be recommended for app would have an insignificant adverse effect on the environment. - 10 - __ T