Res 1985-048 - Laserfiche WebLink

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s.E.CTtON IV-RENARKS (f'Q~ rr/"..II« ,II. p~r lI,m " "'" ¡,.., I~ SrNoo /. 11 '" 111. if øppTirøb/.) Section I The prepared application has taken into consideration the community imput received from both the Victory Gardens & Dunbar areas. The re-construction of streets calls for increased structural strenghth of the roadways, curb & gutter, new road surface and drainage of the area outfall into Purgatory Creek, and some measure of erosion control. In one instance the acquisition of one residential structure is likely, consequently replacement housing may be a program cost. In the area of housing, the City of San Marcos would like to continue its efforts of housing rehabilitation, that was initiated some years ago through the CDBG/HUD programs. The prepared application as submitted is a well balanced and rounded application that meets the needs of the neighborhoods as identified through the citizen participation hearings. The prepared application addresses the regional priorities as established. We propose to make available $120,000 in the form of housing rehabilitation loans up to $10,000.00 per family with a 2% interest rate. Loans will be make avail- able only to those residents who qualify under the Section 8 income limits. Loans will be made available only to those persons who reside in the Dunbar & Victory Gardens areas. The areas are contiguous to one another. The second regional priority has also been addressed by the fact that the City propose to spend $392,000 in the reconstruction of public facility improvements which address concerns expressed by the Dunbar residents. These improvements in- clude drainage, erosion control, curb & gutter, re-newed street base and new road surface. The streets to be addressed are identified in the enclosed maf and serve the entire area as a whole. The impact derived is one of area benefit. The proposed activities are activities which had been considered in prior HUD programs (El Molino) but these programs were not approved by H.D.D., due to monetary shortfalls. Some activities were initiated with Community Development Block Grant funds but were never finished because these funds were also cut off. The public facility improvements proposed in this application will do much to complete activities which were started with prior HDD funds. The City of San Marcos realized the need to finish these activities therefore the City Council is committed to match the TDCP grant request of $300,000.00 with $300,000.00 of its own local tax dollars. What little else remains will be ac- complish through local initiative - the City's C.I.P. program.