Special Board of Director Meeting
Dave called the meeting to order at 2:00 PM.
Dave indicated the meeting is called via teleconference due to urgent timing issues. The City is asking for a response on the possibility of accepting the 37 Pine Street lot. Dave spoke to all Directors in person or via email. Those available are in attendance via teleconference. After general discussion, Dave was instructed to reply to Brennan Duffy as follows:
The Board of HFH for Rutland County has convened via conference call and we have voted to accept the 37 Pine St. lot with the following conditions:
If somehow, there is not marketable title, we would not be able to accept. Likewise, if the lot is in a flood plain, insurance would be prohibitive for a low income Habitat owner and would require us to decline. Otherwise, this looks like a wonderful opportunity and we certainly appreciate the Rutland Redevelopment Authority considering us for partnering in this effort.
Other concerns voiced by the board are not show stoppers but should be discussed.
There should be no restrictions that will put HFH of Rutland County in an untenable position regarding time and no restrictions that would require us to run afoul of HFH International guidelines. We have touched on these topics in the past, and I don't anticipate any issues, but now that there is a specific offer, we should confirm this.
HFH of Rutland County is interested in any potential for grant funding availability to aid in construction, but would need to review how this would affect the way HFH handles mortgages.
Will the Redevelopment Authority be able to provide letters of support for HFH of Rutland County to apply for additional grant funding and also to apply to the Board of Aldermen for a property tax exemption during the construction phase?
Will the Redevelopment Authority be able to assist us through the permitting process?
Submitted by: Rebecca Woodard, Secretary
Stay up to date with the affiliate! Here is where you will find updates from our meetings..