The Council Chambers are reopened to the public! We'll revisit the Tax Credit for the proposed "Affordable Housing"* multifamily development at K Ave & Park tabled last meeting.
Members of the public are entitled to participate in person or remotely via broadcast by webinar. For those wishing to speak in person, or attend and speak remotely, registration is required by 4:00 p.m. Monday at this link. You may alternatively share your thoughts by emailing email@example.com by 4:00 PM Monday. The council meeting will be livestreamed on both PlanoTV.org and on the City of Plano Facebook page.
Preliminary Open Meeting
(Whenever Executive Session, which starts at 5:00 PM, ends)
(Review agenda here)
2020 Business Survey Presentation
Presentation of the FY2020-21 Status Report and Three-Year Financial Forecast
Plano Housing Authority Overview by Earnest Burke
Regular Meeting (starts at 7:00 PM)
Note: the Consent Agenda is at the bottom of this post.
(Review agenda here).
Appointment of Paula Boudreaux to the Senior Advisory Board
Comments of Public Interest: every meeting, anyone can speak about anything for up to three minutes, with 30 total minutes allotted for this segment.
Items for Individual Consideration
NOTE: notable items from the Consent Agenda are at the bottom of this post.
Item (1): Application for a Resolution of No Objection for a 4% Housing Tax Credit with the Texas State Department of Housing and Community Affairs for the proposed "Affordable Housing" multifamily complex at K Avenue and Park Boulevard owned by the Plano Housing Authority. This item was tabled at the last council meeting pending clarification of the council's prior policy regarding letters of Support/No Objection/Objection for Housing Tax Credit applications to the TDHCA. The property is already expected to be completely exempt from property taxes by virtue of it’s ownership by the Plano Housing Authority, though nearly all proceeds from rents will go to the developer and investor
Item (2): Resolution to authorize a Substantial Amendment to the 2019-2020 Action Plan for the use of Federal HUD Grants and Funds to add $1,055,451 in Homelessness Prevention funding and $351,817 in Homeless Housing Assistance, both funded the Federal CARES Act to address homelessness related to the economic crisis resulting from the COVID-19 pandemic
Item (3): Resolution to authorize the filing of an application for U.S. Department of Housing and Urban Development funds in an amount not to exceed $1,407,26 under the Federal CARES Act (the amount of the proposed increase in funding in Item (2) above
Notable Consent Agenda Items
(Total of $5,582,604 of your money in proposed expenses)
Item (c): increase of $195,945 to current contract amount of $325,900, for a total contract amount of $521,845, for engineering professional services for Water Rehabilitation Cross Creek East 3B
Item (d): $5,271,047 for Davis Library Expansion and Renovation (approved in 2017 Bond Referendum)
Review City Council agendas and minutes here (updated link--bookmark it!).
* I always use "Affordable Housing" in quotes because it's not used to simply address whether housing is affordable--"Affordable Housing" is a term which means Taxpayer-Subsidized Housing, which is a different concept from Housing that is Affordable.