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Session 1588, Minutes Page 7 April 12, 1993 The City Manager saw the Parkview Gardens Association is requesting help in its efforts to establish a pLuperty management assistance problem for low or should result in better ma~ntalned ~u~erty with s~hilized p~uperty values contributing to increased private inve~h,~lt. Within an initial six month s~tup budget of $20,000 pLupoeed by Parkview Gardens Association and the City's past c~mat~ent of assistance in the 15% range on p~uperty rehab, he rec~e~eDa_ed a City grant of $3,000, using Cu~unity Develu~aLent Block Grant (CDBG) Funds. The grant would be ~nt on the proaLum being made avail- able to ell multiple family property owners in eligible CDBG ar~. ~he As- sociation has agreed to this restriction. Temporary occupancy on a cost ba- sis has been made available by the City at 630 Trinity. The program will be evaluated at the end of a six month trial period with a report to Council, about the tinB of the annual CDBG public baarir~. In response to Mr. Price, Mr. Ollendorff said all of the budget except the $3,000 would be raised by tba Association, which will charge a ~311 fee for its services. Mr. Price said the City should not be in the business of sub- sidizing property owners for not keep~ing up their properties. He felt the money should be used to tear down derelict buildings. Mr. Schocmer said the $3,000 is only to help this group get started, with a goal of octtrolling 60 units. At that point, it should be self-supporting. He said the Association was simply trying to keep the housing stock frum be- ing destroyed by owners who are absent._ee or for whatever r~zels unprepared to manage their p~uperties. He felt it was an exuellent use of CDBG funds. Mrs. Schu~an agreeing_ with Mr. Schocmer, adding she felt this was a very crea- tive use of funds that will be copied in other (xam~unitiee. She point~_ out that the $20,000 budget was for the mana~ phase, and the g--ruup is plan- ning to invest up to $350,000 of their c~n money in buildings that are criti- cal to the survival of this neighborhood. Mr. Wagner asked where the $3,000 transfer will cc~e f~u~,, and Mr. 011endorff said there were sever-~l areas w~ere bide were lower than expected or for some R~spona~ng to Mr. Price, Mr. 011endorff said Parkview Gardens receives about 1/3 of CDBG funding. Mr. Price felt too mw~ money was being spent there that should be used elsewhere. Mr. Ollendorff pointed out that the money will ccEe fL~Att accounts that are already allocate_ to Parkview Gardens; in addition, the program will be available to any landlord in tba CDBG area, not just Parkview Gardens. Mrs. ~ut~eml a~a with Mr. Price, saying more CDBG money should be spent in the Third Ward and on b~Fae i~provement loans. Mr. Price asked how owners can take advantage of this program. Mr. Ollendorff said a printout was developed with names and ~aa~esses of all multiple-family property owners, and a mailir~ describing tba program will be sent to them. There was further discussion, and Mr. Wagner called the question. All voted Aye except Mr. Price and Mrs. Tncmpe3n. The motion carried four to two.