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HomeMy WebLinkAboutEDA AGN 09-09-13AGENDA COLUMBIA HEIGHTS ECONOMIC DEVELOPMENT AUTHORITY Special Meeting Monday September 9, 2013 6:45pm City Hall, Conference room I 1. Call to Order Gary L. Peterson President Bobby Williams Vice President Bruce Nawrocki Secretary /Treasurer Donna Schmitt Tammera Diehm Gerry Herringer Marlaine Szurek 2. Pledge of Allegiance REGULAR BUSINESS 3. Review Plans for 4303 Reservoir Blvd. Motion: Move to approve the plan dated received September 5, 2013 for the development of 4303 Reservoir Blvd. 4. Adjourn The next regular P.DA meeting will be Monday October 7, 2013 at City Hall. COLUMBIA HEIGI -ITS ECONOMIC DEVELOPMENT AUTfIORITY (EDA) Special Meeting of: September 9, 2013 AGENDA SECTION: Business Items ORIGINATING EXECUTIVE NO:3 DEPARTMENT: EDA DIRECTOR APPROVAL ITEM: Review plans for 4303 Reservoir Blvd BY: Sheila Cartney BY: DATE: September 4, 2013 BACKGROUND: In May the EDA entered into listing agreements with Remax Synergy to list the Scattered Site lots and a Purchase and Redevelopment Agreement with Timbercraft Homes to build on the lots. Timbercraft Homes provided two model homes that were approved for development of the Scattered Site lots with the exception of 4303 Reservoir Blvd., the plans for this lot needs to be separately approved by the EDA. As proposed the house is a one level with a full unfinished basement. The finished area is 1,813 square feet with two bedrooms and two bathrooms, the basement has a bathroom and two bedrooms planned, this house has a potential of 3,626 square feet of finished area. The builder has indicated that the appraised value of this house is $260,000, after a quick survey of the surrounding area the next highest house value is $167,500.00. RECOMMENDATION: Staff recommends approval of the plan. RECOMMENDED MOTION: Motion: Move to approve the plan dated received September 5, 2013 for the development of 4303 Reservoir Blvd. Attachments: Plans EDA ACTION: i�9 " (.! wisomm,