Laserfiche WebLink
Appendix A <br />Project Description <br />The City anticipates entering into development agreements with Dominium (rental housing) and Pulte <br />(owner-occupied town homes) to redevelop the area into approximately 53 owner-occupied town homes and <br />approximately 354 apartment units in two buildings. The apartment units will be affordable to persons at or <br />below 60% of the area median income, with 154 of the units being non-age restricted and 200 of the units <br />being restricted to seniors. The City/EDA anticipate providing two separate pay-as-you-go TIF Notes to <br />Dominium for the rental housing and no assistance is expected for Pulte to complete the town homes. <br />Appendix A-1