4/7/1987 - Laserfiche WebLink

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r -1 SPR d 1987 Boa 67 ul-JE 845 extension of roadway frontage, construction of the potable water distribution line, as well as the sanitary collection system, plus the drainage out -fall system, they submitted a second appraisal estimating a market value of $110,000. He, therefore, felt the Board would be well secured if they lent the Housing Authority the money to pay the DCA. Attorney Collins continued to stress that the Housing Authority is making a very positive aggressive impact on solving a problem that exists in this county. The time frame is about a year to get this squared away, and if the Board will either take a conveyance of the land and hold it for two years or will lend the funds, the Housing Authority will give a mortgage so the Board will be well secured under whatever terms the Board desires.This would give them a chance to get Phase Il funded and get it constructed, and the real benefit would be that the Housing Authority then would be self-supporting. Chairman Scurlock noted that while he has been an outspoken critic against the Housing Authority, he must agree that he has a favorable reaction to the Victory Park project and felt the rental unit concept with a resident manager is viable. Treasure Coast Village, however, with plywood over windows, coke machines in the front yard, and garbage lying around, certainly does not demonstrate pride in ownership, and he felt is a failure. He further noted that you can buy lots elsewhere in the county for the same amount. Attorney Collins agreed, but pointed out that you can't get FHA funding for them. Chairman Scurlock felt for $400,000 we could have gone out there and bought lots and given them away and been ahead of the game. Commissioner Eggert agreed and wished the private sector was dealing with the single home project, but they aren't. She did feel Victory Park is a whole different thing than Treasure Coast Village, and pointed out that the Economic Development Element of 68